New fundraising numbers are in for both parties, and they’re telling the same old story of this election cycle. All three national Democratic campaign
“„While money isn’t always determinative in elections — particularly when the national playing field is heavily tilted toward one party — it is often a sign of momentum. Given the doom and gloom predictions for Democrats over the past month, the expectation was that Republicans would easily win the cash dash.
“„That didn’t happen — which means Democrats are not only guaranteed to have a spending advantage in many of the most competitive races in the county but also could benefit from a bit of unexpected momentum just six weeks before the November midterms.
“„While Crossroads GPS donors are secret, American Crossroads filings with the Internal Revenue Service and with the FEC show that the group initially built itself with large contributions.
“„Companies controlled by major Republican donor Harold Simmons have donated $2 million. Simmons bankrolled ads in 2008 linking then-candidate Obama to William Ayers, a Vietnam-era militant who helped found the violent Weather Underground. Other million-dollar donors include Bradley Wayne Hughes, founder and chairman of Public Storage; former Univision president Jerry Perenchio; and Trevor Rees-Jones, founder of Chief Oil and Gas.