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Really big October for DNC

By Aaron Blake - 11/19/09 03:53 PM ET

The Democratic National Committee (DNC) will one-up its GOP counterpart when it files a report showing it raised $11.5 million in October.

The Republican National Committee (RNC) bragged Wednesday of its off-year record $8.8 million haul for the month, but it wound up getting destroyed by the DNC's own off-year record.

The DNC has a slight advantage in cash on hand, $12.9 million to $11.2 million, but it does carry $4.4 million in debt, compared to zero for the RNC.

The DNC in the third quarter outraised the RNC for the first full quarter since 2004, and now, with it trumpeting its record October, we have to ask whether the long-inferior DNC fundraising operation has officially turned the corner.

The RNC has still outraised the DNC by more than $3 million combined this year, but it's much closer than it has been.

UPDATE: The DNC originally reported a cash on hand of $12.3 million. The figure has since been changed to $12.9 million. This post has been changed to reflect this.

Source:
http://thehill.com/blogs/blog-briefing-room/news/68689-really-big-october-for-dnc
The contents of this site are © 2010 Capitol Hill Publishing Corp., a subsisiary of News Communications, Inc.

Comments (2)

it does not matter who raises the most, with the economy the way it is, they should be embarressed about raising this much money for a campaign and give it to the people who need it or use it to cut the deficit. all these idiots who donate to parties are stupid, if the person loses, your money was wasted, if they win, do you really think they will do what you want? think about it, you give money and get nothing, or worse, you get a slap in the face, as most are now seeing, hows that hope and change working for you>BY cargo65 on 11/19/2009 at 17:57
Yup, all the union thugs, trial lawyers and Goldman Sachs robber barons dumping money into their liberal Democratic masters.BY NO OBAMACARE on 11/19/2009 at 20:31

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