Washington (CNN) - The Democratic National Committee brought in nearly $200 million dollars during the just concluded 2010 midterm election campaign cycle, out-raising the Republican National Committee by around $30 million.
According to filings Thursday night with the Federal Election Commission, the DNC raised $15.9 million from October 13 through mid-November, bringing to $195.6 million the amount raised for the entire cycle. That is the DNC's highest total in the years since the McCain-Feingold Campaign Reform Act of 2002, which put restrictions on the political party committees fund-raising abilities.
The DNC ends the cycle with $9.7 million cash on hand and $15.5 million in debt.
The RNC filed their numbers about two hours after the DNC. According to their filings, the RNC raised $9.4 million from mid-October through mid-November, bringing their total for the cycle to approximately $164.6 million. The RNC reports cash on hand of nearly $2 million and debt of just over $15 million.
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Kind of like the Obama stimulus. Lots of money out the door.... nothing to show for it. High national unemployment and high unemployment for Congressional Democrats.
The ridiculous amount of money raised and spent during the election process of 2010 reminds everyone that politics in America revolves around money. While many do not have enough to eat or a roof over their heads politicians and their well-heeled supporters spent money as if it were water.
Maybe, just maybe we can stop this process and use our funds for ore worthwhile projects.
And they need to disclose the names of every union or person who donated to the Democrats. The American people should know who is funding the corruption in the Democratic party.
And they still lost in epic proportions. Must not have beel selling a good product.
Guess it was not enough to stop the Shellacking... Wait until the final coat of Shellacking is put on in 2012!!! Liberals are going the way of the Dinosaur....