Michigan Democrats are laying a solid financial foundation for the fall election campaigns, while Republicans have been digging themselves out of a hole, judging from campaign finance reports.
The Michigan Campaign Finance Network has compiled a list of the top 150 PACs in Michigan and its news release shows Democrats are well-positioned to defend their House majority.
"As usual, the legislative caucuses’ PACs top the list. The House Democratic Fund is the pacesetter, having raised $1,685,900 and having $1.15 million in cash on hand.
"The Senate Republicans and House Republicans are second and third, but most of what they have raised this cycle has gone to retire debts from the 2006 cycle. The Senate Republicans have raised $1,497,128 and have $375,000 in cash on hand; and the House Republicans have raised $1,259,491 and have $251,000 on hand. The Senate Democrats are eighth in fundraising at $640,009 but their cash balance is competitive with their Republican counterparts at $333,000."
So after paying their bills, House Democrats have $1.15 million left and House Republicans have $251,000.
Votes win elections, not dollars, but dollars sure help.
The network also has a list of the performance of the top 150 PACs.
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