- BitsBlog - https://bitsblog.com -

Dems Short on Cash

Taegan Goddard’s Political Wire [1]has a report up of interest:

“‘The network of soft-money fundraising groups known as the ‘shadow’ Democratic Party has fallen significantly short of its fundraising goals even as the presumptive Democratic nominee, Sen. John Kerry, faces heavy Republican attacks in coming months,’ The Hill reports.

‘Eight of the largest and most prominent liberal soft-money funds — known as 527s after a section of the federal tax code — have raised less than 10 percent of their expected outlays for the 2004 election.’ “

Which is about what I predicted as you’ll recall.