Streisand Helps DNC Out-Raise RNC in September — GOP Still Leading

Photograph by Jim Hollander -Pool/Getty Images

Israeli President Shimon Peres, left, with singer Barbra Streisand after she sang two songs during Peres’ 90th birthday gala on June 18, 2013 in Jerusalem, Israel.

The Democratic National Committee edged the Republican National Committee in fundraising for the first time this year, though the Republicans began this month on stronger financial footing.

Donors including Barbra Streisand helped the DNC take in $7.4 million, compared with the RNC’s $7.1 million in September, according to Federal Election Commission reports. Streisand gave $10,000 on Sept. 26.

Yet the DNC began October with $5.5 million in the bank and $17.5 million in debts, compared with $11.2 million in cash and no debts for the RNC, which had raised more money than the DNC in each of the first eight months this year.

The DNC’s year-to-date receipts of $47.2 million are down 44 percent from $84.8 million in the first nine months of 2011, when President Barack Obama was intensifying his re-election campaign and raising money for his effort and the Democratic National Committee. In September 2011, the DNC received $10 million from the Obama Victory Fund.

The RNC’s year-to-date receipts of $60.9 million match its total over a similar period in 2011.

RNC donors in September included billionaire Steve Wynn, chairman and founder of Wynn Resorts; Brian Z. France, chairman of NASCAR; Bobbie Kilberg, president of the Northern Virginia Technology Council; and Edward Conard, a former managing partner at Bain Capital.

The RNC transferred $771,200 to its state affiliate in Virginia, which is holding elections Nov. 5 for governor, lieutenant governor, attorney general and the state House.

The DNC received $30,000 from Laura Ricketts, a co-owner of the Chicago Cubs who raised at least $500,000 for Obama’s re-election campaign, and $10,000 from Richard Parsons, a senior advisor with Providence Equity Partners Inc. and a former chairman of Citigroup Inc.

 

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