Via Real Clear Politics
NY is a mixed bag when it comes to congressional campaign money. There are a number of Republican candidates vying for blue seats that are out-raising incumbent Democrats. Tom Reed, Richard Hanna, and Nan Hayworth have all been able to sustain a cash advantage. What about Republican candidates who are well behind in fundraising?
There are skeptics out there and I've been one of them. However, there is a growing national consensus from political analysts that Democrat money advantage will not be a deciding factor in this year's election.
Jay Cost from Real Clear Politics writes:
Would these factors be sufficient to stop the Republicans from taking the House in a more evenly divided year? I'd say yes. I think the Democratic incumbency advantage is sufficient to absorb a modest Republican popular vote victory. I'd add that Republicans who do not raise enough money will not win elections, even in a cycle such as this.
But so far this year the Republicans have enjoyed a sizable and sustained lead in the generic ballot, something that has never happened in the history of the poll. Currently, the GOP lead is at 4.5%. If that holds through November, the Democratic money advantage will not be enough to alter the orientation of the electorate sufficiently: if the RCP average has the GOP up 5 points in the generic ballot the day before, the GOP should have around a 5 point advantage on Election Day.
Nor will Democratic money be sufficient to reorganize such a pro-Republican electorate in a way that enough Democrats survive. No party has held a House majority while losing the popular vote by 5 points since before the Civil War. With the "Solid South" - voting overwhelmingly Democratic with exceedingly low turnout - a thing of the past, such a feat is all but impossible. A $20 million cash advantage for the DCCC is not going to change that.
Just a little reminder to Democrat candidates like Dan Maffei, Bill Owens and Scott Murphy, who believe they are sitting safely behind what they think is an impenetrable fortress of cash; This year it is little more than paper.