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For Immediate Release    Contact: Bob Biersack
October 29, 2008       Mary Brandenberger
     

 

FEC RELEASES SUMMARY OF NATIONAL PARTY FINANCIAL ACTIVITY

WASHINGTON – National committees of the two major political parties have spent $865.1 million during the 2007-2008 election-cycle according to a Federal Election Commission (FEC) summary released today.  The most recent comprehensive disclosures of all financial activity were submitted on October 23, indicating that national party committees raised $981.2 million between January 1, 2007, and October 15, 2008.  Republican committees, including the Republican National Committee (RNC), the National Republican Senatorial Committee (NRSC) and the National Republican Congressional Committee (NRCC) raised $518.8 million in federally permissible “hard money.” During the same period from January 2007 through mid-October of 2008, the Democratic National Committee (DNC), Democratic Senatorial Campaign Committee (DSCC) and the Democratic Congressional Campaign Committee (DCCC) raised $462.4 million in federally permissible funds.  Republican committees reported $81.8 million in cash remaining on October 15, while their Democratic counterparts reported $42.7 million available on that date.  The following summaries compare 2007-2008 major party financial activity with past years.

National Party Receipts

Through 20 Days Before the General Election

Federal Only

Federal Only

Federal Only

Federal

Non
federal

Total

Federal

Non
federal

Total

2007- 2008

2005-2006

2003-2004

2001-2002

2001-
2002

2001-
2002

1999-2000

1999-
2000

1999-
2000

DNC

$206.09

$118.59

$299.09

$57.48

$75.67

$133.15

$103.94

$106.20

$210.14

DSCC

$121.86

$103.94

$71.94

$37.87

$76.74

$114.61

$34.11

$52.31

$86.42

DCCC

$134.42

$107.98

$76.32

$37.10

$47.22

$84.32

$35.11

$49.28

$84.39

RNC

$336.70

$207.92

$330.02

$149.84

$100.83

$250.67

$177.28

$138.88

$316.16

NRSC

$78.25

$77.96

$65.64

$51.34

$57.61

$108.95

$43.24

$37.63

$80.87

NRCC

$103.86

$152.37

$159.16

$94.59

$63.27

$157.86

$84.88

$41.18

$126.06

(millions of dollars)

Tables in this release include financial overviews for national committees of the two major parties for the period through mid October.  Transfers from national to state parties are listed by state.   Finally, party independent expenditures are displayed for each race in which national party spending has taken place.

 

Table 1 Democratic Party Committee Financial Activity Through October 15, 2008 [excel] [pdf]

Table 2 Republican Party Committee Financial Activity Through October 15[excel] [pdf]

Table 3 National Party Transfers to States [excel] [pdf]

Table 4 Party Independent Expenditures in 2008 House Campaigns [excel] [pdf]

Table 5 Party Independent Expenditures in 2008 Senate Campaigns [excel] [pdf]

 

The Federal Election Commission (FEC) is an independent regulatory agency that administers and enforces federal campaign finance laws. The FEC has jurisdiction over the financing of campaigns for the U.S. House, the U.S. Senate, the Presidency and the Vice Presidency. Established in 1975, the FEC is composed of six Commissioners who are nominated by the President and confirmed by the U.S. Senate.

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