Frustrated, tightfisted voters have left both the Democratic and Republican senatorial campaign committees with less money in their pockets as the midterm elections loom.
The Democratic Senatorial Campaign Committee (DSCC) and the National Republican Senatorial Committee (NRSC) are both going into 2014 with less cash on hand than they previously experienced going into 2012, according to a Political Moneyline blog post.
The DSCC is heading into 2014 with $11.1 million cash on hand, but with $6.25 million in debts compared to the $12.2 million cash on hand and zero debts party officials reported in 2012.
On the other side of the chamber, the NRSC now has $5 million cash on hand but no debts, while in 2012 the campaign committee had over twice as much with $11.5 million cash on hand and still no debts.
The DSCC reported receipts of over $4.8 million and disbursements of over $3.8 million in October. The committee repaid $1.2 million in loans from Bank of America. Certain donors continued to give up to $32,400 each, including Anthony Hsiek, CEO of Zappos.com; Florida philanthropist Leslie M. Saionitz; Jerome Simon, a California hedge fund manager; and Quadrangle Group Co-President Joshua L. Steiner.
Meanwhile the NRSC reported receipts of $3.8 million and disbursements of $2.2 million. Selected donors giving $32,400 each included Maryland developer A. James Clark; Invus Group CEO Raymond Debbane; and L. Francis Rooney III, CEO of Florida-based Rooney Holdings.