Skip to comments.Democrats Question Kerry's Campaign Funds
Posted on 11/18/2004 5:04:46 AM PST by Hawk44
WASHINGTON - Democratic Party leaders said Wednesday they want to know why Sen. John Kerry (news - web sites) ended his presidential campaign with more than $15 million in the bank, money that could have helped Democratic candidates across the country.
Some said he will be pressured to give the money to Democratic campaign committees rather than save it for a potential White House bid in 2008.
"Democrats are questioning why he sat on so much money that could have helped him defeat George Bush (news - web sites) or helped down-ballot races, many of which could have gone our way with a few more million dollars," said Donna Brazile, campaign manager for Al Gore (news - web sites)'s 2000 presidential race.
Brazile is a member of the 400-plus member Democratic National Committee (news - web sites), which meets early next year to pick a new party chairman. One high-ranking member of the DNC, speaking on condition of anonymity, said word of Kerry's nest egg has stirred anger on the committee and could hurt his chances of putting an ally in the chairmanship.
Congressional Democrats and labor leaders also privately questioned Kerry's motives. One said he would personally ask the Massachusetts senator to donate some of the money to the Democratic House and Senate campaign committees.
Democrats lost seats in both the House and Senate on Nov. 2, setbacks compounded by the multimillion-dollar debts they incurred in the process.
The Democratic Congressional Campaign Committee borrowed $10 million in the final days of a campaign in which it spent heavily in Texas, where four veteran lawmakers wound up losing their seats. The Democratic Senatorial Campaign Committee borrowed a smaller amount, more than $3 million according to officials. Even so, Democrats lost four Senate seats, and will have 44 seats when the new Congress convenes, fewer than at any time since 1930.
Three former Kerry campaign aides, also demanding anonymity out of concerns about alienating their former boss, said they were surprised and disappointed to learn that he left so much money in the bank.
Kerry had roughly $45 million left in his primary campaign fund as of mid-October, according to his Federal Election Commission (news - web sites) report, and could use that as seed money for another presidential bid.
His final report is not due until next month, but officials close to Kerry said he has $15 million to $17 million in that account, with no outstanding debts, after giving the DNC about $23 million and state parties about $9 million since the mid-October report.
In addition, the report showed that Kerry had about $7 million on hand in a legal and accounting compliance fund that he could use for legal expenses in a 2008 campaign. Officials said he raised several million more for that account since the filing.
Last summer, Kerry donated $3 million each to the House and Senate campaign committees and $2 million to the Democratic Governors Association.
While Kerry has likely given more money to state committees than any other nominee, no other Democrat has raised as much as he did. And second-guessing Democrats said Wednesday they couldn't recall a candidate leaving so much money on the table after a campaign.
"He's going to have to give some of it up for 2005 and beyond," Brazile said. "The party will demand it."
Boy will it get nasty if he runs against Hitlery in 2008! All those redacted FBI files will appear without the redactions!
Perhaps Kerry's executive abilities are somewhat wanting.
This latest squabble over Kerry's leftover campaign cash is so typical of Democrats -- they are always fighting to get their hands on other peoples' money.
I just love it when they eat their own.
Is it possible the Democrats are finally seeing the light, concerning Kerry? To answer my own question - Nah.
Is it possible to have so many keywords?
My friend, John Kerry's executive abilities are not wanting. He has none, and never did.
Yesterday it was reported Kerry had $45 million left over. Today it is $15 millon. That's a lot of money to lose overnight.
Teresa wants her money back! LMAO! This is going to be fun, seeing the libs kill each other.
Does this mean the 10,000 lawyers the Dims had ready to deploy won't get paid (/sarc)?
"Democratic Party leaders said Wednesday they want to know why Sen. John Kerry ended his presidential campaign with more than $15 million in the bank, money that could have helped Democratic candidates across the country."
Kerry response: But how would that have helped me?
All those keywords and only.....what?.....12 posts.
The money might have made a difference in several races.
Judging from reports that the Kerry campaign was totally chaotic, I'm not surprised that there was no one keeping an eye on what was spent.
That's quite possible, because so many of the pundits were predicting another long, drawn-out legal slugfest. But it sure makes him shark bait for fellow Dems now.:)
i think that the 45 million was by a mid october review some of which had been distributed or used to pay off debts
i think that the actual surplus is 15 million if i am reading these things correctly
Maybe he could use it to pay for all the psychological counseling for PEST that the Dems need!! LOLOLOL!!
It is his fault after all!
I saw claims of up to 50 million yesterday, now it's whittled down to 15 million? I smell fraud! Kerry is obviously squirelling some cash away, paying back Terry before the tax man finds out they were cheating.
There he goes again!