DNC Raised $17.3 million In August; total Democratic war-chest is $94.5 million

[Hope And Change]

DNC Raised $17.3 million In August

A national Democratic source has confirmed to Election Central that the Democratic National Committee raised $17.3 million in August, with $17.5 million cash on hand. Together with the Obama campaign's $77 million cash on hand, this brings the total Democratic war-chest to $94.5 million as of August 31.


http://tpmelectioncentral.talkingpointsmemo.com/2008/09/election_central_sunday_roundu_30.php">Link

[BumRushDaShow]

1. K&R

Good news.

:kick:

[Eric J in MN]

2. Most of us have given less than $2,300 to Obama, but...

...for people who have already given Obama $2,300 for the general election:

You can still give the DNC anywhere from $10 to $28,500.

[NotThisTime]

5. Oh how I wish I had that kind of cash to give the DNC & other action groups

You can give other action groups like MoveOn 5K

[Eric J in MN]

8. Me too.

If I were a millionaire, I'd give $28,500 to the DNC. But I'm not.

[BlooInBloo]

9. I would give them a jillion dollars if I had 2 jillion dollars. Sigh.

[Joanne98]

3. We are still going to need the 527's...

[PresidentObama]

4. Any numbers for the RNC?

[BumRushDaShow]

6. Some info here

http://www.wgntv.com/pages/landing_election_news/?Barack-Obamas-campaign-announces-another=1&blockID=1015&feedID=21

[Hope And Change]

7. Here`s also some more info..

September 14, 2008
Categories: Campaign finance

The RNC's cash advantage

DNC spokeswoman Karen Finney says the party raised more than $17 million and has $17.5 million on hand, having spent more than $28 million last month, largely on the Democrats' ground game.

That cash figure is a fraction of the $110 million a Republican official says it has, which includes transfers of money McCain is no longer allowed to spend and money from state fundraising vehicles.

The disparity shows the Republicans' continued edge with the wealthy donors who can give in five-figure chunks.

The party money, though, is not worth as much as the campaigns' hard money, because it can't be spent as directly on the campaign, particularly when it comes to media. That was illustrated last month by RNC-funded ads that included confusing, digressive attacks on random Democratic senators, including Byron Dorgan, to fulfill campaign finance rules.

The GOP money will, however, finance an extensive field effort.


By Ben Smith 12:31 PM


http://www.politico.com/blogs/bensmith/0908/The_RNCs_cash_advantage.html#comments