Tuesday, May 22, 2007

Democrats Improve Fundraising While GOP Flags

USA Today reports:

This just in from the Federal Election Commission, more hard evidence that Democrats are energized.

Our colleague Fredreka Schouten passes along word that national Republican party committees raised $61.2 million in the first four months of this year while their Democratic counterparts raised $59.4 million.

The figures reflect a 25% decline in receipts for Republicans and a 26% increase for Democrats compared with the same period in 2005.

If you look back to 2003, the last presidential cycle, the trend is even more dramatic. Republicans registered a 21% decrease while Democrats showed a 126% increase.

The new numbers show a shift in where Democrats are putting their money. The Democratic Congressional Campaign Committee reported a 45% increase in receipts over the same period in 2005, and the Senate committee posted a 38% increase. The Democratic National Committee, by contrast, registered a 6% decrease.

Contributions to all three Republican committees declined.

The committee receipts mirror activity on the presidential front. First quarter reports to the FEC showed Democratic presidential candidates outraising Republicans by about 3-to-2. Candidates in both parties raised an aggregate $133 million during the quarter, not counting money carried over from Senate campaign committees.