Hoarding the Money
Tom Edsall reports on Democratic Senators sitting on big warchests that could be used in a last-minute election push:
The DSCC’s $11.3 million in receipts from all the Democratic Senators stand in contrast to the $18.6 million raised from the 51 top Democratic House donors to the Congressional Campaign Committee (DCCC) — 64.6 percent more than from the same number of members of the upper chamber. The total raised from Democratic House members by the DCCC — headed by Chris Van Hollen (D-MD) — $38.8 million, is more than triple the amount raised by the DSCC from Senators.
New York Senator Hillary Clinton, who is not up for election until 2012 and who has $6.68 million cash on hand, gave a total of $115,000 to the DSCC. Indiana’s Evan Bayh, who has $11.3 million on hand and is up in 2010, gave $15,000. Barbara Boxer who has an even $4 million in the bank in preparation for her re-election bid in 2010, donated $30,000.
In fact, if every Democratic Senator who is not up for re-election this year, or who is sure to win on November 4, gave just 10 percent of their cash-on-hand to the DSCC, it would total $10 million for the closing week — a substantial sum for of television time in key target states.
It seems to me that that kind of money could easily be the difference between winning and losing races in Georgia, Mississippi, Kentucky, etc.
25 Responses to “Hoarding the Money”
Register
RSSLogin
Topic Cloud
ArchivesBlog RollAbout Matt YglesiasContact Me
Donate
October 29th, 2008 at 12:57 pm
I thought this post was going to be about Paulson incompetence.
October 29th, 2008 at 1:03 pm
I, too, expected a bit more about Paulson.
October 29th, 2008 at 1:38 pm
So i guess democrats really aren’t for “spreading the wealth”…
October 29th, 2008 at 2:37 pm
I asked this elsewhere, but what’s up with “Hillary Clinton, who … has $6.68 million cash on hand”? Wasn’t there this whole storyline in the spring how she was millions of dollars in the red? Did she really fundraise her way out of that hole?
Or is this somehow a bucket of money for her Senate campaign she wasn’t able to spend on the Presidential??
October 29th, 2008 at 2:48 pm
Yep–same question as resumeman–maybe Matt could post on this? What’s the deal with Clinton? I thought she was deep in the hole and all the Obama supporters needed to bail her out.
October 29th, 2008 at 4:25 pm
FEC regulations don’t allow senate funds to be used for presidential campaigns. By all means, let’s turn this into another Hillary is evil thread. Oh, and she has fat legs.
(I’m voting for Obama.)
October 29th, 2008 at 7:44 pm
They should spend it all in South Carolina to defeat Lindsey Grahamnesty.
October 29th, 2008 at 10:17 pm
I’m less inclined to criticize Sen. Clinton than some of the others on that list, because she’s raised a ton of money for Obama in the last couple of months. But she’ll need to put a little more of that Senate money in DSCC hands if she has leadership ambitions in the Senate.
October 30th, 2008 at 9:25 am
Isn’t it a bit of fallacy to say that money would make the difference in those states (Georgia, Mississippi, Kentucky.) Do people even pay attention to adds at this point? Any single negative ad I see I tune out. Positive Obama ads I listen to, but I’m already decided. Aren’t the undecideds really actually decided anyway?
March 1st, 2009 at 5:56 am
viagra
Incredible site!
March 1st, 2009 at 6:54 pm
cialis
I want to say – thank you for this!
March 11th, 2009 at 4:49 am
Incredible site!
March 14th, 2009 at 5:32 am
It is the coolest site,keep so!
xanax
March 17th, 2009 at 2:30 am
Excellent site. It was pleasant to me.
tramadol
March 22nd, 2009 at 6:22 am
tramadol
Great site. Good info
April 2nd, 2009 at 5:28 am
Incredible site!
buy cheap viagra
April 12th, 2009 at 11:38 pm
Hi!mdru! http://tglnjhfy.com omdwy vzqkx
April 12th, 2009 at 11:39 pm
Hi! vmbpv bjekv
April 12th, 2009 at 11:39 pm
[URL=http://ipejpklz.com]ccadp hkyeh[/URL]
April 12th, 2009 at 11:50 pm
Hi! http://kkqwhrlm.com yyvzo vgdhn
April 12th, 2009 at 11:50 pm
Hi! http://vrkfazuh.com pyyrg bzrxs