Dem Fundraising Better... but DNC Lags Badly

Well, we keep coming back to this same point. Howard Dean is spending the DNC into bankruptcy. So even though the DSCC and the DCCC are doing better than ever in fundraising - reaching rough parity with the GOP - the Republicans will still be able to pour resources into competitive races in October, which the Democrats may not be able to match. Dean will look like a true genius if his '50-state strategy' bears fruit. If it fails of course, the Democrats will have blown their best chance to win majorities in years.

Of course, if a 1994-style wave develops, this won't matter much. All the money in the world wouldn't have saved Dan Rostenkowski from Mike Flanagan. But few think that's all that likely right now.

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