Wednesday, January 25, 2006

Dem. Senate Race Committee out-raises Rethugs 2 to 1

WASHINGTON (AP) -- The Democratic committee that handles races for the U.S. Senate holds more than a 2-1 financial advantage over its GOP counterpart at the start of this midterm election year.

The Democratic Senatorial Campaign Committee has $25 million in the bank and raised $44 million in 2005. The National Republican Senatorial Committee has $10.5 million in the bank after raising $35.5 million last year. Neither committee reported any outstanding debt.

Democrats said it's the first time in their memory they have had such an edge over the GOP in cash on hand.

"Americans don't like what they're seeing in Washington and know that Democrats are the party of change," said Sen. Charles Schumer, D-N.Y., chairman of the Democratic campaign committee.

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