WASHINGTON - Senate and House Democrats, optimistic about their election-year prospects, have more money in the bank for the midterm contests than their Republican counterparts.
Some four months before the voting, the Democratic Senatorial Campaign Committee has $33.5 million cash on hand compared to $18.3 million for the National Republican Senatorial Committee, the groups said Tuesday. The Democrats raised $4.7 million in May; the Republicans collected $4.3 million in the month.
"Our fundraising success reflects a deep desire for change and recognition that the best way to get things back on track is by electing more Democrats to the Senate," said Sen. Chuck Schumer, D-N.Y., chairman of the Democratic committee.
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