If the political party with the most money in its campaign war chest had dominated in November’s elections, then Republicans would be in control of Congress and John McCain would be sitting in the Oval Office.
Nationally, according to the Federal Election Commission, the Republican Party raised $30 million more than Democrats during the 2007-2008 election cycle — $793 million and $762 million, respectively. But the amount raised by Democrats was a 58 percent increase over the 2006 cycle, while Republican receipts grew 32 percent.
The Republican National Committee spent far more in independent expenditures than the Democratic National Committee in opposing the other party’s presidential candidate. The DNC spent just more than $1 million opposing Mr. McCain, whereas the RNC spent almost $54 million opposing Democrat Barack Obama.