Remember when Republicans were worried about whether new RNC chairman Michael Steele could be an effective fundraiser, or whether his controversial comments would hurt the party’s finances?
Month by month, that looks like an increasingly overblown concern.
In January, Steele’s first month, the party collected $5.8 million. In February, $5.1 million. Last month, $6.7 million. Including $7 million transferred to the RNC by the McCain-Palin campaign, the committee raised $25.3 million in the first quarter.
By contrast, the DNC raised $5.5 million in March, and transferred $2 million from Organizing for America — the entity that used to be the Obama campaign. For the quarter, the DNC raised a bit more than $13.8 million.
In terms of cash on hand, the disparity is similarly wide: $23.9 million for the RNC, $9.7 million for the DNC.
No wonder they’re only spending $850 on nyah-nyah radio ads against Norm Coleman in Minnesota. Maybe that’s all they can afford.