|
The National Republican Congressional Committee (NRCC) saw its reported cash on hand decline $1.3 million between January and February, as it spent more than $1 million on an unsuccessful special election and uncovered that hundreds of thousands were lost in alleged fraud. The NRCC invested heavily in the race of Republican Jim Oberweis, who unsuccessfully ran for former House Speaker Dennis Hastert’s (R-Ill.) district earlier this month. Almost all of the $1.2 million the NRCC spent was recorded in its February report, which was filed Thursday. The alleged illegal funneling of money by one of the committee’s former employees, Christopher Ward, was revealed in a briefing last week. All told, the NRCC raised $4.6 million in February, but it spent $5.1 million. Its final cash dropped from $6.4 million at the end of January to $5.1 million at the end of February, with $1.9 million in still-unpaid debt. The NRCC reported its actual cash on hand at the beginning of the month to be $5.7 million, about $700,000 less than previously thought. It paid down just $400,000 in debt. The Democratic Congressional Campaign Committee, which has maintained a significant cash advantage throughout the cycle, has yet to file its February report. On the Senate side, the Democratic Senatorial Campaign Committee (DSCC) raised $4.8 million to the National Republican Senatorial Committee’s (NRSC) $3.9 million. The DSCC extended its 2-to-1 cash advantage, with $32.8 million to the NRSC’s $15.3 million. The Republican National Committee, the only GOP committee outpacing its Democratic opponent, reported raising $10.6 million for the month and had $25 million cash on hand. |
