Campaign 2010

Apr 11, 2005

Building on Massive Grassroots Support, DCCC Posts Record Fundraising Numbers

DCCC Press

Apr 11, 2005

Building on Massive Grassroots Support, DCCC Posts Record Fundraising Numbers

DCCC raises $12.4 million in 1st quarter, sets fundraising record, pays off majority of debt, builds cash-on-hand.

Rep. Rahm Emanuel, Chairman of the Democratic Congressional Campaign Committee (DCCC), announced today that the DCCC has raised $12.4 million in the 1st quarter of 2005, a record amount for the first quarter of any year.

$12.4 million is more than the DCCC has ever raised in the first three months of any year, election or non-election. The figure is an unprecedented sum for this early stage in the election cycle, and reflects strong enthusiasm for Democratic Leader Nancy Pelosi and House Democrats' priorities and Democratic agenda.

The DCCC used the huge fundraising take to pay down the majority of its debt from the 2004 election cycle, but also built its cash-on-hand. The DCCC's 1st quarter fundraising was boosted by record support from grassroots contributors and major donors around the country, as well as members of the House Democratic Caucus.

Citing record high gas prices, an ill-conceived plan to privatize Social Security and mounting ethics problems, DCCC Chairman Rahm Emanuel said the DCCC's record fundraising shows that Americans are ready for change. "Americans have seen the Republican-led Congress focusing on things it shouldn't be while ignoring the things that need attention, " Emanuel said. "We were able to raise such an impressive amount because Americans know the difference between Republicans who fight for the special interests and Democrats who fight for the interests of middle class families."

House Democratic Leader Nancy Pelosi said the record amount raised shows the strength of support for Democratic priorities. "The DCCC's record fundraising and grassroots support is a testament to House Democrats' commitment to strengthening Social Security and expanding opportunities for working families. House Democratic candidates across the country are poised to join us in 2006 by focusing on our core values: security, prosperity, community, fairness, accountability, and opportunity," she said.