Parties See Increase in Donations This Year

Wednesday, 31 Aug 2011 02:02 PM

 

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WASHINGTON — 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 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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