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The Democrats' efforts to whittle away at the GOP's spending advantage have been aided by 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 Dean's Internet fund-raising explosion.
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The DNC, tackling two problems that dogged the party for years, has eliminated its debt while substantially improving its ability to attract small-dollar donations through the mail, a fund-raising method the GOP long has used more effectively.
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The area of Democratic fund raising that has most stung the Republicans has been conducted by new tax-exempt groups on the outside that have raised millions in large soft-money donations that the Democratic Party can no longer collect.
Those groups, funded by the likes of billionaire George Soros and run by such Democratic heavyweights as former Clinton deputy Harold Ickes, are running ads in battleground states to help close the gap with Bush and give Kerry time to resupply his campaign treasury.
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