Embattled Rep. Charles B. Rangel, D-N.Y. has given more money to lawyers than he has raised this year, and fellow Democrats are taking the brunt of the financial hit.
Rangel is contributing far less to his colleagues from his heavy-hitting fundraising post as chairman of the tax-writing committee than he has in the past.
Rangel gave $189,478 to candidates, party committees and political action committees through the first half of this year, a 73.5 percent drop from the $715, 326 he doled out in the first half of the last non-election year.
In the first six months of 2007, Rangel gave $203,000 to Democratic colleagues and challengers in Republican-held districts. This year, the figure is $14,000. Back then, he had transferred $500,000 to the Democratic Congressional Campaign Committee, which is responsible for electing Democrats to the House. This year, he has given just $150,000.
The rapid atrophy of Rangel's once-legendary fundraising-and-contribution machine is almost certainly a testament to both the rising costs, in dollars and time, of defending himself against legal and ethical inquiries and of a chill among donors who know each dollar they give will go to a lawyer. It won't be long before it hurts his standing among House Democrats -- if it hasn't already.
The latest bread crumbs to drop come from the semi-annual report of Rangel's National Leadership Political Action Committee, which was filed with the Federal Election Commission Friday. It shows Rangel's legal bills cost his PAC $106, 133 in the first six months of this year, bringing the combined total for his two political committees to $829,810, or nearly $30,000 more than the $800,178 they raised between Jan. 1 and June 30. It also shows that he has all but stopped giving directly to colleagues.