The Democratic Congressional Campaign Committee (DCCC) outraised its Republican counterpart by about $1.5 million, it will report in Federal Election Commission (FEC) filings.
The DCCC raised $3.5 million in donations in February, spokeswoman Jennifer Crider said in an email.
The committee, in charge of spearheading Democrats' electoral efforts in the House, reported having $2.9 million in cash on hand.
The committee also managed to cut its debt down to $15 million from a reported $16 million in January.
By contrast, the National Republican Congressional Committee (NRCC) raised $2 million in February, and has $1.85 million in cash on hand, and $6.4 million in debt.
Alaska Democrats blasted Gov. Sarah Palin (R) on Friday for refusing federal stimulus funds, saying the decision was solely motivated by her national political ambitions.
Late Thursday, Palin announced that Alaska would not accept almost $288 million of the approximately $930 million in federal stimulus funds that were allotted to the state. Among the funds that Palin is refusing is about $160 million for education.
Patti Higgins, the chair of the Alaska Democratic Party, told reporters on a conference call that Palin
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This undoubtedly won't make national Republicans happy. Republican New York Assemblyman Jim Tedisco, who is running in the March 31 special election for Sen. Kirsten Gillibrand's (D) former House seat, wants nothing to do with conservative talk show host Rush Limbaugh.
"Rush Limbaugh is meaningless to me,'' Tedisco told the editorial board of The Daily Star on Thursday.
Tedisco's race against Democrat Scott Murphy has become a focus for national Republicans since the election. New Republican National Committee Chair Michael Steele has said it is a priority and both the RNC and the National Republican Congressional Committee have invested heavily in the race.
Tedisco, however, hasn't been impressed by the national Republicans strategy. As Murphy was closing the gap on the race, Tedisco said he was taking back control of his campaign.
Executives at financial institutions receiving federal government assistance should not be making more in salary than government employees, Rep. Brad Sherman (D-Calif.) said Friday.
"Why should you get paid more than Geithner if you're working for Geithner?" Sherman asked during an appearance Friday morning on CNBC. "This is about ridiculously high compensation levels for people who think they're very important, who work at companies who are bailed out."
"I'm against bailing out Wall Street. Period," Sherman added. "If they want capitalism, let them have capitalism."
Sherman said there was a double standard between the government investing in companies like General Motors, where employees had to take make concessions to receive support, versus companies like AIG, where bonuses are routinely awarded.
"For you to assume that Wall Street is acting in the national interest flies in the face of recent reality," Sherman said.
Republican National Committee (RNC) chairman Michael Steele is set to speak in public again.
Steele will address Colorado Republicans on Friday night, a day before state GOP Chairman Dick Wadhams faces a challenge for his post, according to the Denver Post.
The RNC chairman has been quiet in recent days after a series of controversies marred his first few weeks as chairman. In recent days, he has been staffing up at the RNC.
General Motors CEO Richard Wagoner said Friday that the Treasury Department's decision to provide auto suppliers with $5 billion in assistance is a "very positive move" ahead of the automakers' submission of final reorganization plans next week.
"I think it's a very positive move," Wagoner told Bloomberg news. "I think from it we draw the conclusion that the task force has obviously one a lot to get themselves up to speed and date on the issues."
GM and Chrysler submitted viability plans asking for billions more in assistance for each company in order to stave off bankruptcy last month. The decision by the Treasury Department yesterday to bail out suppliers could be seen as a positive signal for GM and Chrysler.
Wagoner said that the automakers' believe they have bottomed out in sales amidst a dismal economy, and will be able to return to viability with more sales and lower costs in the future.
"On balance, I think it's fair to say more we're in a situation of the economy and auto sales moving along on what we hope is the bottom," he said. "I think the baseline plan that we submitted on Feb. 17th is the one we're going to continue to work with. I think it's premature right now...to suggest we should be changing our numbers."
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