Republicans may have high hopes for picking up House seats in 2010. But for now, the Democratic Congressional Campaign Committee is easily outpacing the National Republican Congressional Committee in fundraising and cash on hand, for the filing period that ended October 31.
The DCCC raised $3.76 million, spent $3.98 million, and has $14.25 million cash on hand, with $3.3 million in debts.
The NRCC raised $3.44 million, spent $3.59 million, and has $4.17 million on hand, with $2 million in debts.
Subtracting each group's debt from its cash on hand, the DCCC has an effective net worth of $10.95 million, to only $2.17 million for the NRCC.
Both parties spent more than they took in for October, due to the NY-23 special election -- in which the Democrats picked up a Republican-held seat, and activists conservatives forced the moderate Republican nominee out of the race, in favor of a conservative third-party candidate.