Sandler Reiff Assists Politico with State Party Research
On Sunday, Politico reported on the dire financial straits many state parties are facing as donors are increasingly giving more to Super PACs than state parties. Using data provided by Sandler, Reiff, Young & Lamb, Politico crunched state party campaign finance data from 2000 through 2013, and found a near universal decline in fundraising numbers:
On both sides of the ledger, state parties have shown signs of financial strain. For in-state elections, state parties raised an average of $5.4 million in 2000. By 2008, that number had dropped to $4.1 million. By 2012, it was $2.8 million.
On the federal side, just four state parties out of 100 — all Republican — had more than $1 million of federal funds in the bank at the end of 2013.
Politico cited an increasingly competitive fundraising environment and a number of federal rules that restrict how state parties can raise and spend money. In response, state party leaders have called on Congress to loosen such restrictions, and allow them to remain politically viable.
To read the full article, click here.