Tuesday, January 31, 2006

Donald Lambro has a story about how the Democrats have run through most of the money that they raised last year.
The DNC raised $51 million in 2005 but finished the year with just $5.5 million in the bank. The Republican National Committee raised twice as much during the same period, $102 million, and had $34 million on hand this month.
The sharp disparity in campaign funds between the parties' two national campaign committees has triggered private complaints among House and Senate Democratic leaders about Mr. Dean's expenditures, the Capitol Hill newspaper Roll Call reports
Gee, one more reason why Republicans love Howard Dean and hope he stays on as head of the DNC for a nice, long time.

With money fading away from the national party, 527s and groups that make independent expenditures will become more and more important to candidates. Such is what McCain-Feingold has wrought. The monetary power will shift away from the national parties and towards groups like Moveon.org that don't have to follow the disclosure rules and limits on campaign donations. Remember this when next you hear about some massive reform that is supposed to get money and special interest influence out of politics.