September 22, 2008

CASH, IT'S JUST AS GOOD AS MONEY:

Bright Spot for the Republican Party: Lots of Cash (Greg Giroux, 9/23/08, CQ)

[T]here are other players — namely the Republican National Committee (RNC) and the Democratic National Committee (DNC), the two major national party committees. And the RNC is a crucial lifeline for McCain as he competes with the better-financed Obama.

The RNC began September with $76.5 million left in the bank which was more than four times as much cash-on-hand as the DNC, which had $17.7 million. Both party committees revealed these figures in updated campaign finance reports that they filed with the Federal Election Commission on Friday.

Posted by Orrin Judd at September 22, 2008 8:46 AM
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