http://story.news.yahoo.com/news?tmpl=story&cid=536&e=3&u=/ap/20040401/ap_on_el_pr/democrats_moneyWASHINGTON - The Democratic Party finds itself in its most confident and comfortable financial position in years, though it still trails Republicans in almost every fund-raising category. The Democrats' efforts to whittle away at the GOP's spending advantage has been aided by presidential nominee-to-be John Kerry's decision to skip public financing and its spending limits, anti-Bush sentiment over the Iraq war, elimination of the party's debt, the formation of outside Democratic fund-raising groups and Howard Dean's Internet fund-raising explosion.
"Everywhere I go I'll talk to people and they really feel we have a chance," said Tony Coelho, a Democratic strategist and Al Gore's campaign chairman in 2000. "They're going to have $200 million or more. But I think as long as we're around $100 million we'll be competitive, we'll get our message out."
Democratic National Committee Chairman Terry McAuliffe sees considerable progress toward that goal: The party entered April with $25 million in the bank to spend on Kerry's behalf and no debt, its best shape at this point in an election season in years.
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