Tuesday, October 21, 2008

Democrats have large cash advantage over Republicans

Taegan Goddard's Political Wire is reporting that John Mcain's campaign spent $37 million in September, and thus had $47 million to spend starting Oct 1 for the final 5 weeks of the presidential campaign.

Barack Obama had $133.6 million on hand as of October 1. The DNC had $27.4 million for a Democratic total of $161 million. The RNC had $77.6 million for a Republican total of $124.6 million.

That's a cash advantage of $36.4 million for the Democrats.

Democrats have never had a cash advantage over Republicans going into a national election before.

Seems to me that the Democrats could make a significant contribution to help defeat conservative ballot measures in the states, like Proposition 8.

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