HOUSE MEMBERS set new records this spring for raising campaign
cash, taking in nearly $44 million in contributions during the
first six months of the year.
Not surprisingly in a city where money tends to follow power,
Republicans led the fund-raising pack, collecting $27.5 million of
the total contribution pool. But the top spot still belongs to a
Democrat - Richard A. Gephardt of Missouri, the House minority
Gephardt raised $1.2 million in the first six months of 1995,
eclipsing even Speaker Newt Gingrich, R-Ga., who took in nearly
$885,000, Federal Election Commission records show.
The records cover only the personal campaign funds of the House
members and do not count money raised by separate committees that
are affiliated with them, such as leadership political action
Gingrich stepped down this spring as chairman of GOPAC, a
separate committee that has raised more than $8 million since 1985
to help boost the election chances of GOP candidates. GOPAC's
refusal to disclose detailed information on contributions led to
the filing of a complaint against Gingrich with the House ethics
Similar leadership PACs are used by more than 60 current and
former members of Congress as fund-raising devices that let them
extend their influence by doling out cash to colleagues or
exploring bids for higher office.
A separate committee affiliated with Gephardt, the Democratic
Leader's Victory Fund, was the official host of a fund-raising gala
June 23 in St. Louis that featured a performance by pop singer
Michael Bolton and appearances by Democrats from across the country.
The event raised more than $633,000 in contributions. Of that
total, $250,000 was donated to Gephardt's personal fund-raising
committee. The rest was earmarked for the Democratic Congressional
Campaign Committee, which provides money, staff and other resources
to help elected Democrats to the House.
Dan Sallick, a spokesman for Gephardt, said the congressman's
fund-raising prowess shows that Democrats remain competitive, even
though they no longer control the House.
"We have always been aggressive about being prepared to run the
most competitive race possible," Sallick said.
Campaign reports show that Gephardt collected $478,000 in
contributions from individuals, $437,000 from political action
committees and $250,000 from the St. Louis gala. He spent more than
$658,000 in the first six months of the year, most of which paid
the costs of a direct mail fund-raising effort.
Republicans didn't have to work quite so hard for their money,
GOP fund-raising experts told The Associated Press."Fund raising in
general is a lot easier" with the GOP in the majority, said Dan
Morgan, who raises money for about 40 House Republicans. "People
are returning my calls, saying, `Let me find the money to do that.'
Steven Stockmeyer, a Republican who runs an association of
business political action committees, said there has been "a sense
of panic" among some PAC groups because they had invested so
heavily in Democrats. "Now they are playing catch-up, unashamedly,"
he said. "That's one reason you're seeing the big numbers."
In all, 36 of the top 50 money-raisers were Republicans, the AP
found. Two years ago, when Democrats controlled the House, just 15
of the top 50 came from the GOP.
Freshman Republicans proved particularly aggressive at raising
money, the AP survey found. Ten first-termers, all Republicans,
made the top 50 list. And the average GOP freshman raised $142,000
in the first six months after being elected, compared with just
under $78,000 for the average freshman Democrat.
GOP fund-raising experts said the aggressive level of activity
this year comes in part from Gingrich and his top lieutenants, who,
like the Democrats before them, have sought to turn their majority
into fund-raising advantage. …