WSJ: Democrats Lead By $100 Million In Money Race

According to an article at the Wall Street Journal today that I found on the Drudge Report, Democrats are leading their GOP counterparts by more than $100 million.

With more than a year to go before the 2008 elections, Democratic candidates have raised $100 million more in campaign contributions than Republicans, putting them on track to win the money race for the White House and Congress for the first time since the government began detailed accounting of campaign fund raising three decades ago.

Democrats have taken the lead by exploiting widespread disapproval of President Bush and the Iraq war to develop a more robust online network of new, small donors, as well as to gain traction with deep-pocketed business contributors.

If their fund-raising advantage continues — so far, Democrats have been pulling in about 58% of overall donations to federal-office seekers — they will have more resources for pricey advertising, organization building and voter outreach next November to buttress their edge in the polls. Moreover, Democrats’ focus on small donors leaves them room to raise more cash over the next year, since many contributors have yet to hit the legal limit of $2,300 per candidate per election, and could potentially keep giving 

Remember, I touched on this briefly here and here in recent weeks.  Michelle Malkin has coverage on it here

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