Monday, August 18, 2008

FEC Summarizes Party Financial Activity
"The Federal Election Commission (FEC) announced today that Republican party committees raised $409 million from January 2007 through June 30, 2008. This represents about a one-percent increase over a similar period in 2006, but reflects a 12-percent decline in funds raised during the first six months of the 2004 Presidential campaign.

Democratic party committees continued to raise more money than in previous years, with total receipts of $351.1 million from January 2007 through June 30, 2008. This is an increase of 21 percent over a similar period in 2006 and 26 percent higher than in 2004."

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