Monday, April 20, 2009

TheHill.com - RNC beats DNC in March fundraising

TheHill.com - RNC beats DNC in March fundraising

Even with the president on their side, the Democratic National Committee's fundraising woes continued in March as the party earned fewer individual donations than their GOP rivals.

The Republican National Committee, under new chairman Michael Steele, pulled in $6.7 million in March, padding the committee's swollen bank accounts and ending the month with $23.9 million cash on hand. That's higher than the $5.26 million the RNC raised in February, Steele's first month as chairman.

The DNC, which hosted President Obama's first fundraiser since being sworn in in January, posted just $5.57 million raised from individual donors, down from the $6.6 million raised in February. Obama's fundraiser brought in $3 million, a DNC source told The Hill.

If President Obama is so popular, how come the Republicans are winning the fundraising war? Now, if the GOP could just find a candidate for 2012, Obama might go down in history as another Jimmy Carter.

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