News
Parties see increase in donations this year
Posted: Aug 31, 2011 6:29 PM by Dr. Anya Winslow
WASHINGTON (AP) - The nation's two political parties are seeing more dollars flowing to their bank accounts this year, although Democrats enjoy a fundraising edge over their opponents.
New federal data show that committees supporting President Barack Obama and congressional Democrats brought in $128 million since Jan. 1.
Their Republican counterparts are trailing in donations with about $105 million, but new outside groups like American Crossroads are on track to close that fundraising gap ahead of next year's election.
(Copyright 2011 by The Associated Press. All Rights Reserved.)
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