Dems’ Well Dries Up

In 2010, the Democrats may have some trouble putting their money where their mouths are: Through July of 2009, Democratic campaign committees’ receipts have dropped compared with the same period for the previous two years. The vast majority of those declines can be traced to the flight of large donors, who are upset over Democratic attacks on and attempts to regulate the behavior of financial firms. The three national Republican committees, meanwhile, combined to bring in $1.7 million more than their Democratic counterparts in August.