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5.5 million on hand, woo the Dems got some serious catching up to do. Shaping up to be a good year for some mid-term elections.
Despite a lackluster showing in 2005 elections for the GOP, the Republican National Committee raked in better than $100 million last year and enjoys its largest cash-on-hand lead over its Democratic counterpart in more than a decade.
For the year just passed, the RNC brought in nearly $102 million -- give or take a few hundred thousand -- and had $34 million in the bank. The Democratic National Committee raised $51 million in 2005 but showed $5.5 million on hand at the end of the year.
That cash disparity, which has led to grumbling and fretting by some people in the Democratic establishment, will be a major asset come November, RNC Chairman Ken Mehlman argued.
5.5 million on hand, woo the Dems got some serious catching up to do. Shaping up to be a good year for some mid-term elections.