Tuesday, August 22, 2006

GOP out raises Dems 3 to 1 nationally...

Republicans trying to hold onto the House raised $12.5 million in July, outpacing Democrats by a 3-to-1 margin but leaving the GOP just $1 million ahead in cash on hand.

The influx of money _ largely from political action committees _ gives Republicans a slight advantage more than two months before the November elections. Democrats hope to gain 15 seats to seize control of the House.

The NRCC has raised $70 million so far and has $34.1 million in the bank. The Democratic Congressional Campaign Committee raised $4.2 million in July, taking the group's total to $81 million this cycle and $33 million cash on hand.

"Our phenomenal fundraising in July is the product of our members' hard work and the support of Americans who want leaders with a record of accomplishment and a positive vision moving forward," Rep. Tom Reynolds, R-N.Y., chairman of the National Republican Congressional Committee, said in a statement. "It stands in sharp contrast to the Democrats, who spent the month of July raising dollars by exploiting the deaths of U.S. soldiers."

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