The Dollar Vote

It’s All About the Benjamins

Amid the fervor around the debt and economy, Democratic donors are expressing their displeasure with their pocketbooks, or lack of it. The national committees are the central contribution-gathering bodies for the parties, and the funds are used to win close-fought seats in the House and Senate as well as purchase advertising and pay staffers.

* The DNC took in $12 millions in June, 8 million in July, but only 5.4 million in August. With $9 million in August expenses. Leaving $3 million left in the bank.

* The RNC took in $8 Million in August. $6.5 million in expenditures. Leaving $8 million.

* The GOP is seeking to rebuild its reputation as an effective fiscal steward under the leadership of Reince Priebus. Under previous chairman Michael Steele longtime supporters abandoned the committee for inefficient spending and a series of scandals.

* In the upcoming months the Republican party will spend most of it’s capital with candidates fighting each other for the presidential nomination. While the Democrats can use the time and money to rally around an incumbent president.

~ Disclaimer- Your humble pundent is a card carrying member of the Republican National Committee. . Yes I have a card.

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