Thursday, December 20, 2007

NRCC Pledge $2 Million To Their Cash Strapped Party

Republicans have pledged to give more than $2 million to their cash-strapped party fundraising arm to support candidates, according to officials at the National Republican Congressional Committee.

Minority Leader John A. Boehner of Ohio several weeks ago announced the formation of the fund, which would be earmarked for candidates rather than retiring the committee’s debt. Boehner and David Dreier of California, whom he tapped to round up support, each gave $500,000.

The infusion of cash included $400,000 from Rep. Dave Camp of Michigan and $250,000 from Rep. Wally Herger of California, who are competing to succeed retiring Rep. Jim McCrery as the top Republican on the Ways and Means Committee. McCrery, who announced earlier this month that he will not seek re-election next year, pledged $200,000.

Rep. Jeb Hensarling of Texas, chairman of the conservative Republican Study Committee, Rep. Paul D. Ryan of Wisconsin and Rep. John Mica of Florida each gave $100,000.

The NRCC had $3.6 million in debt and only $2.5 million in cash at the end of October, according to CQ MoneyLine. GOP officials say the new fund will give them a surplus.

“It will put us in the black for the first time,” said NRCC spokeswoman Julie Shutley.

She said recent special election wins in Virginia and Ohio spurred donations, though both districts have a strong Republican tilt.

“The energy and excitement surrounding the victories in two special elections this month is making for an early Christmas at the NRCC,” she said.

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