Here’s the latest breaking news on the money go-round… Hat’s off to the two Senators from Massachusetts:
Kennedy, Kerry give $1 million to Democratic campaign committees
The Associated Press
Sens. Edward M. Kennedy and John Kerry tapped their sizable campaign kitties on Wednesday to donate an additional $1 million to the committees aiming to elect a Democratic Congress.
The Massachusetts Democrats donated $500,000 apiece, half to the Democratic Senatorial Campaign Committee and half to the Democratic Congressional Campaign Committee. Each works on behalf of the party to elect members to the respective chambers.
Democrats believe they have a chance this fall to regain majority control in each chamber.
“Senator Kennedy believes that November 7th is a critical opportunity to reverse the damage done by the Bush Administration and put this country back on track,” said Kennedy spokeswoman Stephanie Cutter.
Kerry spokesman David Wade added: “It’s crunch time and he’s going the extra mile with Sen. Kennedy to make sure Democrats have the chance to put America on the right track and reverse the radically wrong course these Republicans have taken our country.”
Kerry had previously donated $1.015 million to the Senate committee and $500,000 to the House committee, while Kennedy had given $1 million to the Senate committee. Kennedy also has raised over $9 million for his fellow Democrats this cycle, while Kerry has raised over $11 million.
Nonetheless, all Democrats have faced pressure from party leaders and outside groups such as moveon.org to draw down their campaign accounts to improve their success of regaining control of the House and Senate.
Kerry, the 2004 Democratic presidential nominee, has been accused of hoarding money in preparation for another White House run in 2008.
On Tuesday, Kerry defended his record, saying recent depictions of how much money he has in the bank are “inaccurate.” The most recent report filed for the “Friends of John Kerry” committee showed the senator had $8 million in the bank.
Kennedy, meanwhile, is up for re-election this fall but facing a little-known challenger. He will still have $6.8 million in the bank after the donations.
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