RNC Fundraising Outpaces DNC Efforts In August Ahead Of 2012

WASHINGTON -- For only the second time in 2011, the Republican Party's main electoral committee out-raised its Democratic counterpart, according to disclosure reports filed Tuesday with the Federal Election Commission (FEC). The Republican National Committee (RNC) pulled in $8.1 million in August, while the Democratic National Committee (DNC) raised $5.3 million.

The RNC reported its highest haul yet from small donors who gave less than the $200 threshold required for disclosure. One-third of the RNC's disclosed contributions, meanwhile, came from donors giving $30,800, the maximum allowed per person during an election cycle. Donors giving the maximum include long-time Republican lawyer and presidential advisor C. Boyden Gray and wrestling mogul Vince McMahon.

Though the RNC now has $9.3 million cash on hand, it must continue to pay off a large debt -- now at $15.9 million -- that was accumulated by the previous chairman Michael Steele.

The DNC continued to raise money in the exact same way it has all year: through a combination of big donations to the Obama Victory Fund and a mix of repeat and new small donors. The committee raised $1.4 million in August from the Obama Victory Fund, a joint fundraising vehicle that often hosts fundraisers headlined by President Barack Obama. Donors giving the maximum $30,800 to the victory fund include Google's Eric Schmidt, rap star Pharrell Williams, Obama bundler and Vogue editor Anna Wintour, film director Quentin Tarantino, movie mogul Harvey Weinstein and Democratic donor Peter Lewis.

The DNC reported $16.6 million cash on hand. It currently owes $11.1 million in debts and obligations.

The August Democratic fundraising slowdown came after the Obama campaign warned that third quarter fundraising totals would be lower than the combined $86 million that the DNC and the Obama campaign raised through the first half of the year.

Comments

[p456]

09:07 AM on 09/22/2011

Research and science are not what they want their willfully ignorant constituents to believe in. Even though scientists just discovered another fact about evolution in Utah. The found an 80+ million year old Velociraptor in in the desert. Kind of throws a wrench in their creationism hoax.

[Indep Votr]

09:01 PM on 09/21/2011

The R's will never be able to catch the Obama fundraising machine. In 2008, Mr. Obama raised more money from special interests than any candidate in US election history.

The R's will never be able to buy votes as well as Osoetoro can.

[OhMyBoehner]

06:45 PM on 09/21/2011

LOL - and the RNC is still millions of dollars in debt since the mccain palin fizzle!

[PRRA2000]

06:20 PM on 09/21/2011

Tea party to the Pr0gressives/liberal/Marxists/C0mmunists...... We cleaned H0use in 2010 and we will clean Senate and Whiteh0use in 2012.

[Soulsurfer]

05:56 PM on 09/21/2011

Vince McMahon, poster boy for the repub party. You guys must be proud!

[sharingnews]

06:02 PM on 09/21/2011

Solyndra! You guys must be so proud!

[yweston]

06:06 PM on 09/21/2011

Ehh...GWB started that loan...just like he asked for the Tarp money. So....don't even try to use that Solyndra on us. I'm sure Focker will keep that going for the next (6) months. Bet they stopped talking about Rupert Murdoch after 1/2 day.

[BBrianCC]

05:52 PM on 09/21/2011

Republicans to the rich:

We'll scratch your back...

[haval2]

05:43 PM on 09/21/2011

and in hatefulness towards our country and its people.

[laura r]

05:41 PM on 09/21/2011

Money corrupts---and the repubs win the prize. The Plutocracy corrupted money is in full swing now.

[Jhames Alyn]

05:37 PM on 09/21/2011

It's just another way of illustrating the direct correlation between campaign fundraising and political corruption. It's no wonder the Republican party leads the way....................

[Huzie]

05:32 PM on 09/21/2011

If we ever wondered whether the Congress was bought and paid for, the Supreme Court removed all doubt

[PRRA2000]

05:44 PM on 09/21/2011

That would be the appointments of Sotomayor and Kagan.

[yweston]

06:08 PM on 09/21/2011

Really...and what was that....Don't recall them saying Corporations are equal to human beings. So why don't you tell us how Sotomayor and Kagan were paid for....

[Huzie]

06:15 PM on 09/21/2011

No you mean Scalia, Thomas,, Roberts and Alito

[pep1]

05:25 PM on 09/21/2011

Well corporations are now people so what do you expect?
Government of the corporation, by the corporation, for the corporation because it is all financed by the corporation.

and if you think the corporation's elected officials care about you? Dream on

[Super Sarcastic]

05:30 PM on 09/21/2011

Who's your daddy ?

[Exfl]

05:15 PM on 09/21/2011

5.3 million democrats each gave one dollar to the democrats and and 8 big corporations each gave a $1 million to the republicans, because after all "corporations are people".

[sharingnews]

05:48 PM on 09/21/2011

No, only 1/3 of Rs donations were above $30,800.

[rcthomp]

05:00 PM on 09/21/2011

Thanks a ton SCotUS

[gaydood]

04:53 PM on 09/21/2011

i just gave some more money to the loving liberals :)

[Zip Zinzel]

04:48 PM on 09/21/2011

This article proves once again,

That surely we DO have the best government that money can buy!

=================================================

Our Government is bought and paid-for, because collectively;
. . . the public allows it.

_
As the Rich would say:

"As long as the Government is for sale- We're gonna keep buying it"