Sweet!
The Democratic National Committee raised at least $13 million in the month of March, nearly $2 million more than the Republican National Committee, a Democratic source tells the Huffington Post.
The haul represents a fairly rare victory for the DNC, which traditionally lags behind its GOP counterpart when it comes to raking in donations. A Democrat with the committee pointed to a rejuvenated and enthusiastic Democratic base that is willing to open up their wallets after the passage of health care reform.
That said, there is no word yet as to how much of that $13 million was immediately spent during the month or how much cash the committee currently has on hand, two other key fundraising metrics.
On Wednesday morning, the RNC announced it had raised $11.4 million in March, a total that was pitched as impressive enough to silence skeptics of its embattled chairman, Michael Steele. The numbers, however, were accompanied by some less positive fine print: only $2 million of that $11.4 was saved, bringing the committee's cash on hand to only $11.3 million.
As GOP consultant Scott Reed told the Wall Street Journal: "Usually, at this phase of the game you are raising and saving a lot of money. But that's not what is happening."
Dems raise more money than Repubs in March
Moderator: Metal Sludge
-
- Mad Cow Diseased
- Posts: 1039
- Joined: Wed Aug 04, 2004 8:07 am
- Location: St. Bernard
- Contact:
Dems raise more money than Repubs in March
Animals die to keep your fat ass alive.
- Ugmo
- Doing Package Tours in Theaters
- Posts: 5303
- Joined: Wed Aug 02, 2006 9:21 am
- Location: Grope Lane
Re: Dems raise more money than Repubs in March
The real story is that health care reform passage obviously fired up the Democratic base. That's very good news for November, when you want your base to show up at the polls like you know the Teabaggers will.
- JakeYonkel
- Headlining Clubs
- Posts: 2812
- Joined: Wed Sep 01, 2004 8:44 am
- Location: Central Florida
Re: Dems raise more money than Repubs in March
I'm sure if the health care had been defeated that the health insurance companies would have donated to the Republicans.
Now however they're bracing for the hits that they're about to take and they're gonna have to tighten the purse strings.
Now however they're bracing for the hits that they're about to take and they're gonna have to tighten the purse strings.
-
- Pimping Your Demo At Shows
- Posts: 383
- Joined: Mon Oct 06, 2008 11:55 am
Re: Dems raise more money than Repubs in March
Could you explain what you mean here? This bill is a godsend for the insurance companies as everyone will have to buy their insurance through them. You know, there's a reason why their stocks have been doing so well since the bill was signed. Now if a "Public Option" were included your point might be valid.JakeYonkel wrote:I'm sure if the health care had been defeated that the health insurance companies would have donated to the Republicans.
Now however they're bracing for the hits that they're about to take and they're gonna have to tighten the purse strings.
- Luminiferous
- Playing First Stage at SludgeFest
- Posts: 29049
- Joined: Mon Nov 14, 2005 3:47 pm
- Location: OI! Down here mate!
Re: Dems raise more money than Repubs in March
Come on now man.. That's no fair for the RNC!!
There were some strip club bills, private jets and luxury hotels that had to be paid for...
There were some strip club bills, private jets and luxury hotels that had to be paid for...
- Ugmo
- Doing Package Tours in Theaters
- Posts: 5303
- Joined: Wed Aug 02, 2006 9:21 am
- Location: Grope Lane
Re: Dems raise more money than Repubs in March
I'm not entirely sure I believe that. Then why did they fight tooth and nail to prevent health care reform from passing? They will no longer be able to collect huge premiums from people who rarely get sick and therefore don't cost much to treat. Once the loopholes are closed and they have to start covering people who cost a lot more to treat, their profit margins will sink.Hames Jetfield wrote:Could you explain what you mean here? This bill is a godsend for the insurance companies as everyone will have to buy their insurance through them. You know, there's a reason why their stocks have been doing so well since the bill was signed. Now if a "Public Option" were included your point might be valid.
-
- Pimping Your Demo At Shows
- Posts: 383
- Joined: Mon Oct 06, 2008 11:55 am
Re: Dems raise more money than Repubs in March
Well eventually that will probably be the case, but, as of now, they're doing everything they can to exploit said loopholes.Ugmo wrote:I'm not entirely sure I believe that. Then why did they fight tooth and nail to prevent health care reform from passing? They will no longer be able to collect huge premiums from people who rarely get sick and therefore don't cost much to treat. Once the loopholes are closed and they have to start covering people who cost a lot more to treat, their profit margins will sink.Hames Jetfield wrote:Could you explain what you mean here? This bill is a godsend for the insurance companies as everyone will have to buy their insurance through them. You know, there's a reason why their stocks have been doing so well since the bill was signed. Now if a "Public Option" were included your point might be valid.
Re: Dems raise more money than Repubs in March
YourMomma wrote:And close down shop. Which is on purpose.Ugmo wrote: Once the loopholes are closed and they have to start covering people who cost a lot more to treat, their profit margins will sink.
We're doomed! Doomed! Perhaps you can join me in praying the the tea party saves our great country.
Re: Dems raise more money than Repubs in March
YourMomma wrote:Truth hurts.
No kidding. Be sure to let us know when you accidentally stumble across some of it.