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Although Democratic fund raising is significantly lower than the 2007-2008 election cycle <ref>http://www.washingtonpost.com/wp-dyn/content/article/2009/09/24/AR2009092404906.html?hpid=topnews</ref>, they have still gotten off to a faster start than Republicans in 2010. The Democratic Congressional Campaign Committee had $10.2 million in the bank at the end of July, 2009, with debts of $5.3 million. The National Republican Congressional Committee had just $4 million in cash and owed $2.75 million.
 
Although Democratic fund raising is significantly lower than the 2007-2008 election cycle <ref>http://www.washingtonpost.com/wp-dyn/content/article/2009/09/24/AR2009092404906.html?hpid=topnews</ref>, they have still gotten off to a faster start than Republicans in 2010. The Democratic Congressional Campaign Committee had $10.2 million in the bank at the end of July, 2009, with debts of $5.3 million. The National Republican Congressional Committee had just $4 million in cash and owed $2.75 million.
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The GOP has a small financial lead in Senate races. The Democratic Senatorial Campaign Committee has $6.80 million for its campaign account, but has $2.91 from outstanding loans. The [[National Republican Senatorial Committee]] has $5.10 million, and has paid off its debt from the last election cycle. <ref>http://ow.ly/pThQ</ref> In August 2009, the NRSC raised $3.08 million while the DSCC raised $2.2 million.
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The GOP has a financial lead in Senate races. The NRSC has raised $37.1 for the first 11 months of the year – a significant improvement from its fundraising performance at the same time last election cycle, while the DSCC has only raised $28.7 million. <ref>http://www.politico.com/blogs/scorecard/1209/NRSC_outraised_DSCC_in_November.html</ref>
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===2009 elections===
 
===2009 elections===
 
In the Nov. 3, 2009, off-year elections, defeat was the fate of Democrats in [[New York City]], [[New Jersey]] and [[Virginia]]. Mayor [[Michael Bloomberg]], an independent, spent his way to a third term in New York City while Republican [[Bob McDonnell]] won in a landslide for governor of Virginia; in New Jersey Republican [[Christopher Christie]] ousted the incumbent Democrat [[Jon Corzine]] despite his millions and Obama's campaigning.
 
In the Nov. 3, 2009, off-year elections, defeat was the fate of Democrats in [[New York City]], [[New Jersey]] and [[Virginia]]. Mayor [[Michael Bloomberg]], an independent, spent his way to a third term in New York City while Republican [[Bob McDonnell]] won in a landslide for governor of Virginia; in New Jersey Republican [[Christopher Christie]] ousted the incumbent Democrat [[Jon Corzine]] despite his millions and Obama's campaigning.
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