DNC Outraised RNC In Big-Spending October

By Greg Giroux | November 20, 2009 12:42 PM | | Comments (0)

UPDATE: The Democratic National Committee reported Friday night that it had $13 million cash-on-hand as November began, and not $12.3 million as it said earlier in the day.

The Democratic National Committee outraised the Republican National Committee in October, a month in which both national party committees ramped up their fundraising and spent lavishly just ahead of the momentous Nov. 3 elections in Virginia and New Jersey.

The DNC will report later Friday to the Federal Election Commission that it raised $11.5 million and spent about $14 million in October, leaving it with about $12.3 million in the bank and $4.4 million in debts.

A party source said that was the DNC's largest one-month take in an odd-numbered year since an overhaul of campaign finance laws in 2002 banned the national political parties from accepting so-called "soft money."

The RNC's report will say that it raised $8.8 million and spent more than $16 million in October, ending the month with $11.2 million cash-on-hand and no debt. The committee said that it averaged 2,543 new donors per day last month and attracted 305,000 new donors so far this year.

The reports will itemize the two party committees' major receipts and expenditures, including their involvement in the Nov. 3 elections in Virginia, where former state Attorney General Bob McDonnell (R) was elected governor and the GOP increased its majority in the state House of Delegates, and in New Jersey, where former federal prosecutor Chris Christie (R) unseated Gov. Jon Corzine (D) and Democrats retained their majority in the state Assembly.

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