Thursday, August 16, 2007

Parties' National Committees Are Raising Less

Although the presidential candidates are breaking fundraising records, the two party committees most focused on putting one of their candidates in the White House continue to report lower fundraising activity compared to 2005, the Federal Election Commission reported this week. The Democratic National Committee has brought in 8 percent less this year over the equivalent point in '05, with receipts declining from $31.3 million to $28.8 million, while the Republican National Committee dropped 25 percent, from $62.1 million in 2005 to $46.4 million so far this year. However, when including the parties' committees that are focused on winning House and Senate races, Democrats are faring better than they did two years ago at this time, the FEC said. Democratic committees overall have increased their fundraising by 29 percent, while together the Republican committees have experienced a 24 percent decrease.
*FEC analysis of party fundraising

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