Are Democrat donors bearish on their party's future?
The Democratic National Committee raised $3.2 million in February, a strikingly low take for a financial juggernaut led by President Barack Obama and his legions of grass-roots supporters who helped him shatter campaign fundraising records.
Even the committee's Republican counterpart raised more — $5.1 million — last month and did so under more difficult circumstances. The GOP was coming off of a disastrous election in which it lost the White House and saw its numbers in Congress shrink further. New GOP chairman Michael Steele also had a rocky start.
Overall, monthly reports being filed Friday with the Federal Election Commission show the Republican National Committee in healthier shape than the Democrats as both parties start raising money for special congressional elections and governor's races in Virginia and New Jersey this year, as well as congressional elections in 2010.
The DNC reported $8.6 million on hand and $7 million in debt, while the RNC reported $24 million in the bank and no debt.
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