Fundraising

  April 7, 2010, 8:59 am

DNC tops RNC in fundraising as healthcare debate reaps dollars for both sides

By Aaron Blake

The Democratic National Committee (DNC) outraised the Republican National Committee (RNC) $13 million to $11.4 million in March.

The RNC noted that its total was a midterm-year record for March. The committee, which has been plagued by a high burn rate, banked less than $2 million of what it raised and upped its cash on hand to $11.3 million.

A cash-on-hand number from the DNC wasn't immediately available, but it had $10.7 million on hand at the end of February.

It appears both parties got a significant boost from the health care debate.

"Since the last days of fund raising were done around passage of healthcare reform, it's clear supporters of reform were more generous than opponents,' DNC spokesman Brad Woodhouse said.

The DNC's total is especially encouraging for its supporters; the RNC's numbers came largely before the recent scandal over a reimbursed expense at a bondage-themed nightclub in Los Angeles.

Archived under: Fundraising, Campaign committees
comment Comments
E-mail Print share
  April 2, 2010, 12:18 pm

Fundraising numbers show surprising new Republican in race against Rep. Shea-Porter

By Aaron Blake

Frank Guinta could be in trouble.

The Manchester mayor was a highly touted GOP recruit to run against Rep. Carol Shea-Porter (D-N.H.), but he has been dogged by less-than-stellar fundraising. And now, a lesser-known and newer Republican candidate has leapfrogged Guinta's fundraising pace.

Businessman Rich Ashooh's campaign will report raising more than $200,000 in about eight weeks in the first quarter. Guinta, who was in the race for most of 2009, raised $300,000 in three quarters last year.

“When Rich Ashooh files his first quarter fundraising report, it will show that he has raised over $200,000 in the last eight weeks (which is) more than any other N.H. candidate for Congress has raised thus far during a single quarter in the 2010 campaign cycle," said an adviser to Ashooh's campaign, Jamie Burnett.

Guinta is also expected to face a well-funded challenger in another recent entry -- Republican National Committeeman Sean Mahoney.

First-quarter numbers aren't yet available for Guinta and Mahoney.

Ashooh's total was first reported by NHPoliticalReport.com.

UPDATE 1:23 p.m.: Guinta's campaign now tells the website that his receipts in the first quarter will be $250,000 -- though it appears that number could include a sizeable loan from the candidate.

Archived under: House races, GOP primaries, Fundraising
comment Comments
E-mail Print share
  March 31, 2010, 4:11 pm

Experts don't expect huge fallout from Citizens United decision in first quarter

By Emily Goodin

Wednesday marks the first fundraising period since the Supreme Court’s landmark decision on campaign finance reform.


Read more...
Archived under: Fundraising
comment Comments
E-mail Print share
  March 26, 2010, 1:27 pm

American Conservative Union accuses McHenry-led PAC of corruption

By Aaron Blake

American Conservative Union Chairman David Keene says the House Conservatives Fund is engaging in a corrupt endorsement process.

The ACU is crying foul over a House primary endorsement in Connecticut, suggesting the candidate was chosen over another Republican because he shares a consultant with the group.

Connecticut state Sen. Sam Caligiuri was one of 10 GOP House candidates to earn an endorsement earlier this month from the House Conservatives Fund (HCF). The fund is a political action committee started by the Republican Study Committee (RSC) and headed by Rep. Patrick McHenry (R-N.C.).

But the ACU points out that Caligiuri’s general consultant, Evan Kozlow, also does work for HCF. What’s more, Caligiuri’s primary opponent, former congressional aide Justin Bernier, was asked to fill out a confidential questionnaire that contained instructions to return it to Kozlow.

Read more...
Archived under: House races, Fundraising
comment Comments
E-mail Print share
  March 26, 2010, 12:28 pm

Court rules RNC cannot raise unlimited money

By Emily Goodin

A DC court ruled the Republican National Committee cannot raise soft money, the unlimited contributions from corporations and individuals, which was banned in 2002.

According to the Associated Press, the three-judge panel ruled it cannot overturn a Supreme Court ruling upholding the ban on soft money fundraising by national party committees.

The ban on soft money is one of the few parts of the McCain-Feingold campaign finance law to survive court challenges.

The RNC argued it should be able to raise soft money for state elections, congressional redistricting, legal costs and other activities that it said had nothing to do with federal elections, according to the AP.

Some analysts have predicted the 2010 midterms will be the most expensive elections to date, thanks to the redistricting process that will happen afte the census and the recent Supreme Court ruling that said corporate and labor unions can spend directly on political campaigns.

UPDATED: RNC Chairman Michael Steele said in a statement the committee plans to appeal the decision to the Supreme Court.

Archived under: Fundraising
comment Comments
E-mail Print share
  March 25, 2010, 4:17 pm

Despite sending fundraising email, Kucinich is coming up short in paying party dues

By Aaron Blake

Is this the man the DCCC wants to send its fundraising e-mails?

Rep. Dennis Kucinich (D-Ohio) sent an e-mail soliciting funds for the Democratic Congressional Campaign Committee (DCCC) on Wednesday. But the same committee has often had to hit him up for his dues, and he has fallen short on them in the past.

“On Sunday, March 21st, we Democrats proved ‘Yes We Can,’” Kucinich wrote. “Your support will help Democrats in Congress echo the power of the people across the land as we strive to create the America which we know is possible.”

But Kucinich hasn’t always supported the committee as much as leaders would like. Reports show he didn’t contribute all of his dues to the committee last cycle and has a long way to go on them this cycle.

Members of each party are expected to contribute set amounts to their parties’ campaign committees each election season, with the amount set according to their rank in the caucus and committee assignments.

A January report obtained by The Hill showed Kucinich had contributed nothing toward his dues of $150,000 for this cycle. His office said he has contributed $10,000 to the committee since then.

Kucinich has plenty of time to fork over the rest, but FEC reports show he has failed to meet the goal before.

His dues were also $150,000 last cycle, according to dues reports obtained then, and FEC reports show Kucinich contributed just $125,000 – with almost all of it coming in the final month of the cycle.

Archived under: Fundraising
comment Comments
E-mail Print share
  March 23, 2010, 4:52 pm

Bayh sends $1 million to Ellsworth

By J. Taylor Rushing

Retiring Sen. Evan Bayh has donated $1 million to help elect Rep. Brad Ellsworth, who is running to succeed him.

Read more...
Archived under: Senate races, Fundraising
comment Comments
E-mail Print share
  March 23, 2010, 1:45 pm

McCain to raise money for Kennedy seat hopeful

By Administrator

Sen. John McCain (R-Ariz.) will host an event for Rhode Island state Rep. John Loughlin in Washington, D.C., on Wednesday.

The event will be at the National Republican Club, with a suggested contribution of $750.

Loughlin has also secured commitments from two other 2008 presidential hopefuls -- Rudy Giuliani and Mitt Romney -- to campaign for him.

He is the GOP favorite in the race to replace retiring Rep. Patrick Kennedy (D-R.I.).

Archived under: Fundraising
comment Comments
E-mail Print share
  March 21, 2010, 2:09 am

High burn rate continues to dog RNC

By Aaron Blake

The Republican National Committee (RNC) is spending more than it's raising, again.

Read more...
Archived under: Fundraising, Campaign committees
comment Comments
E-mail Print share
  March 20, 2010, 9:56 pm

GOP outraises Dems in February

By Aaron Blake

The National Republican Congressional Committee (NRCC) outraised its Democratic counterpart in February, $5.1 million to $4.4 million.


Read more...
Archived under: Fundraising, Campaign committees
comment Comments
E-mail Print share
 
« Start< Prev41424344Next >End »
 

More Videos »

Polls
Ballot Box Twitter - Click to follow
More From The Web
bloglogo

More Briefing Room »

More Congress Blog »

More Pundits Blog »

More Twitter Room »

More Hillicon Valley »

More E2-Wire (Energy) »

More Ballot Box »

More On The Money »

More Healthwatch »

More Floor Action »

More Transportation »

More DEFCON Hill »

More Global Affairs »

More In The Know »

More RegWatch »

Get latest news from The Hill direct to your inbox, RSS reader and mobile devices.