January 30th, 2010
05:50 PM ET
11 years ago

DNC and RNC head into '10 on equal fundraising footing

(CNN) – The Democratic National Committee has $13.2 million in the bank and carries a debt of $4.7 million heading into the midterm elections, a DNC official tells CNN.

The DNC raised $4.4 million in December, $2.2 million less than the Republican National Committee during that same time period. Democrats hold a $4.8 million cash-on-hand advantage over Republicans, but when the DNC's debt is factored in, both committees head into the 2010 election cycle on just about equal financial footing. The RNC has $8.4 million in the bank.

The DNC official noted that it does not accept donations from lobbyists or political action committees, while the RNC does take those contributions.

Filed under: DNC • RNC
soundoff (10 Responses)
  1. LoveThyNeighbor

    Well...,OK..., lets do the math... a + b divided by Y_X – 0 squared ^ > =? Hummmm... maybe they equal out BUT, the DNC accepts funds from a limited amount of sources...that can only mean that the DNC has more support!
    Sir Samuel

    January 30, 2010 06:34 pm at 6:34 pm |
  2. Allen in Hartwell GA

    Now that the (less-than) Supreme Court has decided that businesses can spend unlimited amounts of money against candidates they don't like, Republican candidates won't need as much money. Maybe they can stop campaigning and read some of the bills in Congress that they never had time to read before.

    January 30, 2010 06:39 pm at 6:39 pm |
  3. If you want something ruined, put a republican in charge

    Remember that the republicans have also their own Fox network spying illegally at no cost to the GOP, to keep the republican's lies, ineptness, and hatred alive. So that is an advantage to the conservative birthers and death panel morons.

    January 30, 2010 07:02 pm at 7:02 pm |
  4. Scott, Tucson

    I love it when the Dem's go and beat up on big businesses and banks than go hat in hand to the very same people for campaign donations. How can they live with their hypocrisy?

    January 30, 2010 07:09 pm at 7:09 pm |
  5. Franky, Land of Lincoln

    That's funny, the DNC doesn't accept frm lobbyists or political action committees. Like if it makes a difference...well, it actually does but it don't matter.

    Is all about that dough, RNC actually paid of their debt, while the Dems always to be in debt. So it don't really matter, all it matters who has enough cash to compete in the crucial elections when they come.

    Both parties should have the dough to compete.

    January 30, 2010 07:24 pm at 7:24 pm |
  6. Brunton

    Thanks a bunch to Justice Alito and the Bush appointee dominated Supreme Court. They have nearly completed the silencing, subjugation and marginalization of private American citizens that is the corporate/conservative dream. Hopefully enough of us wake up before it is too late. In the meantime the GOP can dive right into that special interest lobbying trough and wallow away... while the Democrats voluntarily abstain. I respect them more for that than I otherwise would, although I wonder if that will be sustainable under the new conditions.

    January 30, 2010 07:25 pm at 7:25 pm |
  7. Bill

    Notice, the RNC pays its debts.

    January 30, 2010 07:48 pm at 7:48 pm |
  8. NC

    The Republicans work for lobbyists and Pacs, not the people. This is not a suprise. This is why they are againsy HCR and anything else that will help average people.

    January 30, 2010 08:34 pm at 8:34 pm |
  9. Greg K., PA

    I'd say the DNC has the advantaged since they don't accept donations from lobbyists or PACs. Looks like the Republicans are owned by corporations and special interests and that certainly doesn't sit well with me – especially since the majority of SCOTUS appears to be too.

    January 30, 2010 09:04 pm at 9:04 pm |
  10. Watchdog

    According to DNC sources...the only sources CNN ever consults

    January 30, 2010 09:33 pm at 9:33 pm |