The DSCC’s Big Drop

NYPIRG’s Bill Mahoney whipped up a quick comparison of the DSCC and SRCC’s financial positions using the latest Jan. 15 financial filing data and found, not surprisingly, that the Democrats have an enormous amount of catching up to do if they want to be competitive in the 2012 re-match for control of the chamber.

One year after the DSCC had the most money they’ve ever had in the bank ($1.9 million), they’ve dipped nearly $5 million and now have a debt of $2.97 million in their reporting and housekeeping accounts.

New DSCC Chairman Mike Gianaris, who has a history as a prodigious fundraiser, has insisted the Democrats will have no trouble retiring this debt (most of that was funded through a controversial unguaranteed loan from a Queens bank for which individual senators are personally responsible).

Now that they’re back in the minority, the Democrats are going to have an even tougher time raising money. Having a governor who shares their party affiliation arguably should help them.

But with Gov. Andrew Cuomo adopting a post-partisan approach and putting forth a fiscal conservative agenda that the GOP loves, and the Democrats talking about the need for “shared sacrifice” and protecting low-income New Yorkers, it’s unclear whether restoring his party to power is a priority for this governor.

The charts that appear below detail the two parties’ historical totals.

DSCC vs SRCC, Jan Filing Periods

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This entry was posted by Liz Benjamin on January 19, 2011 at 11:15 am, and is filed under Andrew Cuomo, Democrats, Fundraising, State Senate, Uncategorized. Follow any responses to this post through RSS 2.0. Both comments and pings are currently closed.

Smith

The DSCC isn’t going to get competitive with fundraising until they get competitive with the policies the public favors. That is the real story of the breakaway four.

If Sampson isn’t in favor a hard 2% property tax cap then the Democrats can’t win any more seats outside NYC and may lose some more.
Reality, Please

Please, Smith. Please. Firstly, the DSCC does not set public policy; I think you are referring to the Senate Democratic conference. Two different entities. Secondly, and so may of you (R)s seem to forget this: Democrats were in control in the Senate for TWO years (the quality of that control can be debated); it was the REPUBLICANS in the Senate that created this mess over the previous 40 years.
Anon

Reality please – The Senate cannot act alone. You conveniently forget that the Democrats have controlled the Assembly since 1975 and that there have been Democratic Governors for 24 out of the past 36 years. Both parties are responsible for New York’s condition.
Upstate GOP

But Smith, don’t you see, the DSCC’s entire goal is through redistricting and populationships to not need to win any more seats outside of NYC. Then they can safely ignore LI’s and Upstate America’s request for a 2% property tax cap.

Tom Basile for Rockland GOP Chair
Smith

I am a D. In fact, a former Committeeperson. The Democrats need to favor the hard tax cap proposed by Andrew Cuomo. If they don’t, they are not relevant.
Smith

If you read the crosstabs in the Sienna Poll, even NYC residents favor the tax cap. Liberals favor the tax cap. Jews favor the tax cap. Everybody favors the tax cap.

The DSCC’s Big Drop

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