Sunday, October 16, 2011

Dems lead Senate fundraising fight (Politico)

Democrats have won the grinding third-quarter Senate fundraising period.

The majority party easily outpaced Republicans in collecting cash between the months of July and September, according to a POLITICO analysis of the 11 most competitive races in the country.

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Republicans managed to outraise their counterparts in only two of the 11 contests, with eight Democrats reporting at least $1 million for the period.

In total, Democrats took in $15 million, compared with the GOP?s $10.5 million in the key races, according to figures available late Friday afternoon.

It?s a heartening sign for the party, whose upper chamber majority is under siege by a GOP emboldened by a widening map and several pick-up opportunities next year.

?Apparently the enthusiasm gap has been badly overstated,? quipped Democratic operative Jim Jordan.

In notable symmetry, Democratic incumbents in Montana, Missouri, Florida and Michigan each piled up $1.2 million. Challengers gunning for open seats in Virginia, Nevada, Wisconsin and New Mexico easily bested their rivals. And Elizabeth Warren ? who single-handedly vaulted the Massachusetts race into the top tier of the cycle since her September launch ? amassed a whopping $3.1 million.

When considering only the Senate?s seven open seats ? six that are currently occupied by Democrats ? Democrats have fundraising leads in half. Meanwhile, races in Hawaii, North Dakota, Connecticut and Arizona are still in the formulative stage and are difficult to measure because of late candidate entries.

The two bright spots for Republicans: Josh Mandel, the young state treasurer, who took in $1.5 million for his challenge to first-term Ohio Democrat Sherrod Brown; and Nebraska state Attorney General Jon Bruning, who outraised a beleaguered Sen. Ben Nelson.

While Nelson?s $443,000 quarter trailed Bruning by $140,000, the incumbent Democrat still has a 2-to-1 cash-on-hand advantage. In Ohio, Brown boasted a healthy $4.2 million war chest. Mandel?s number was not immediately available.

Republicans caution that at this same point in 2005, they held fundraising leads in races they ultimately lost 13 months later.

?There will not be a single Senate race that is won or lost this cycle, in either party, because of a lack of financial resources. If this was truly the paramount issue that Senate Democrats would have everyone believe, they would have won seven seats last cycle, instead of losing seven,? said National Republican Senatorial Committee spokesman Brian Walsh.

But the disparity represents tangible evidence that many Democratic contenders are exceeding fundraising expectations in advance of the brutal fight ahead.

Democrats are also in the driver?s seat when it comes to competitive primaries. Their incumbents can preserve their resources while Republicans wage fierce nominating contests in Missouri, Florida, Wisconsin and Nebraska.

Source: http://us.rd.yahoo.com/dailynews/rss/politics/*http%3A//us.rd.yahoo.com/dailynews/external/politico_rss/rss_politico_mostpop/http___www_politico_com_news_stories1011_66011_html/43262322/SIG=11m0tmbq1/*http%3A//www.politico.com/news/stories/1011/66011.html

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