Why Dems are winning the money war
According to the laws of political gravity, this shouldn’t be happening.
President Barack Obama’s approval ratings are in the dumps, and so is the economy. Wall Street’s cash cows are angry at the Democratic Party and its sudden embrace of populist rhetoric. Almost no one thinks Democrats have a shot at winning back the House next year and Republicans have an excellent chance of winning control of the Senate.
Yet even with the prospect of an entirely GOP-controlled federal government in 2013, Democrats are outraising their GOP counterparts in month after month.
In September alone, the Democratic Congressional Campaign Committee nearly doubled the National Republican Congressional Committee’s take, while the Democratic Senatorial Campaign Committee raised $1 million more than the National Republican Senatorial Committee.
Here why Democrats are winning the money chase.
Cut, Cap, and Empty-Pocketed
The new House GOP majority stormed Capitol Hill with the single-minded goal of slashing federal spending.
But they’ve had a rude awakening: cuts to federal spending are a hindrance to healthy fundraising – especially when it comes to picking the pockets of the K Street donors and interest groups who depend on federal dollars.
Can someone remind me again why the Republicans are worse?