WASHINGTON — Democratic Party committees entered April with $22 million more to help their congressional candidates than Republicans had, a reversal of four years ago.
The Democratic National Committee and the party's Senate and House fundraising arms had $58 million to spend as of March 31, compared with $36 million for the corresponding Republican groups. In March 2006, before the last midterm election, the Republicans had $84 million in the bank and the Democrats had $65 million.
"The Democrats are in charge of both houses and will be until at least January," said Mark Heesen, president of the Arlington, Va.-based National Venture Capital Association, which gave 78 percent of its donations to the majority party. "They hold the committee chairmanships, which mean they hold the gavel and they're the ones who can bring up issues or squash issues."
Four years ago, the Republicans' fundraising advantage came largely from the national committee, which had $43 million in the bank compared with $10 million for its Democratic counterpart.
This time around, the Democratic National Committee had about $15 million in cash on hand, compared with $11 million for its GOP counterpart.