Money Wars

by Jonah Goldberg

From First Read:

The Equalizers: Think Democrats have the money advantage heading into November? Well, think again. Adding up what the federal party committees (DNC/RNC, DSCC/NRSC, DCCC/NRCC) have in bank as of last month, Democrats hold a 3-2 edge, $75.4 million to $54.3 million. Also, by and large, Democratic candidates have outraised their GOP counterparts. But here’s where Republicans are making up the difference: outside groups. For example, Dem ad trackers note that conservative outside groups (like the U.S. Chamber of Commerce and the Karl Rove-backed American Crossroads) have outspent liberal outside groups in key Senate contests by a whopping amount in the past two months, $22 million to $3.5 million. “We’re just getting shellacked on TV by the groups,” said DSCC spokesman Eric Schultz. “It’s a big deal.” The one thing that Republicans are concerned about regarding the outside groups: They’re TOO focused on Senate races. As Charlie Cook noted last week, a dollar invested in a House race could go a lot farther than a dollar in a Senate race.

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