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May 19, 2008

Republicans Hemorrhaging Money For Fall Elections

Posted in: 2008 Election, Republicans

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It’s hard out there for a wingnut.

The number of Republicans leaving Congress will cost the GOP millions of dollars in party-building funds for the fall congressional elections, campaign-finance records show.

Of the 32 Republicans who have resigned or announced plans to retire, 26 have political action committees known as leadership PACs — which members of Congress typically use to make donations to colleagues facing tough campaigns. Those 26 PACs raised $17 million in the last campaign cycle, but only $5.3 million for this election, a USA TODAY analysis of the latest campaign reports filed in March and April shows.

I wonder why?

I’m sure it’s just because it hasn’t been properly explained to people that we’re winning in Iraq and how awesome the economy is.

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