More than one person in and out of the Senate has pointed out to me that Kay Bailey Hutchison could/should be vulnerable because she sat on a huge campaign war chest, despite not having a serious opponent this year.
Mrs. Hutchison, one of the top Republican leaders in the Senate, has $9.5 million on hand, and polls in Texas show her trouncing her opponent by 20 points or more. She has given $115,000 to the NRSC, a little more than 1 percent of her campaign holdings.
Her office defended her givings at the time, pointing to individual giving – money she gave to candidates independent of the NRSC.
But fact is, Republicans lost the Senate – with some real close races in Missouri, Montana, and Virginia – and there’s some grumbling that Hutchison, who had the money, wasn’t overly generous to her hurtin’ colleagues. As one Beltwayer said to me this morning “A million dollars in ad buys in Montana or Virginia could have saved the majority. That could be used against her.”