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June 21, 2010

Steele's RNC edged out by DNC in latest money chase

The latest fundraising numbers by the national party committees showed the Republican National Committee falling just short of the Democratic National Committee in total receipts for May.

The DNC collected $6,602,893, or about $146,000 more than the RNC's $6,456,892.

Republican finances became a focus of attention during the spring, when the RNC was embarrassed by the use of party funds at a West Hollywood topless joint. Chairman Michael Steele rolled several heads at national headquarters in Washington in response.

The latest figures confirm that both parties are laying out nearly as much as they are taking in. The Republicans had net operating expenses of $5,648,666.38, according to their Federal Election Commission filing. The Democrats spent even more in May: $6,175,229.27.

Democrats also were carrying more than $3 million in debt at the end of May, an increase from the prior month. The RNC reported that it owed about $760,000, mainly bills to pollsters, media firms and other vendors who were paid in June.

Democrats hold an edge in reported cash-on-hand, $14,491,048 to the GOP's $12,581,336.91. However, if debts are taken into account, the Republicans have the advantage, with a net of $11.82 million to the Dems' $11.46 million.

Both parties saw fundraising slump from April, when the Dems pulled in $10.4 million and the Republicans collected $6.86 million.

Posted by Paul West at 12:20 PM | | Comments (1)
Categories: Michael Steele
        

Comments

I see the Repbublicans once again can balance their budget while we Dems continue to spend more than we take in.

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Annie Linskey covers state politics and government for The Baltimore Sun. Previously, as a City Hall reporter, she wrote about the corruption trial of Mayor Sheila Dixon and kept a close eye on city spending. Originally from Connecticut, Annie has also lived in Phnom Penh, Cambodia, where she reported on war crimes tribunals and landmines. She lives in Canton.

John Fritze has covered politics and government at the local, state and federal levels for more than a decade and is now The Baltimore Sun’s Washington correspondent. He previously wrote about Congress for USA TODAY, where he led coverage of the health care overhaul debate and the 2010 election. A native of Albany, N.Y., he currently lives in Montgomery County.

Julie Scharper covers City Hall and Baltimore politics. A native of Baltimore County, she graduated from The Johns Hopkins University in 2001 and spent two years teaching in Honduras before joining The Baltimore Sun. She has followed the Amish community of Nickel Mines, Pa., in the year after a schoolhouse massacre, reported on courts and crime in Anne Arundel County, and chronicled the unique personalities and places of Baltimore City and its surrounding counties.
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