Democrats Winning Money Race
$100M ahead of GOP in fund raising
By Peter Fearon,  Newser Staff
Posted Jul 23, 2007 6:43 AM CDT
Democratic presidential hopeful Sen. Barack Obama, D-Ill., leans into the crowd after speaking during a rally Friday, June 1, 2007, in Seattle. Obama was to attend a pair of fund-raising receptions in...   (Associated Press)
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(Newser) – Democrats are trouncing Republicans in the fundraising race leading up to 2008, raking in $100 million more in contributions for their presidential and congressional campaigns, the Journal reports. The trend puts the Democrats on track to outspend the GOP in a general election for the first time since records were kept 30 years ago.

So far Dems have raised $388.8 million, compared with the historically well-heeled GOP's $287.3 million. But the gap could widen before it's bridged: Dems have proved particularly adept at using the Internet to reach small donors, who haven't reached their 2,300-per-candidate limit and could give again. And Republicans remind us that they won in the bank books in 2006, but lost in the polls.