State GOP has
rosier fiscal outlook
The Associated
Press
GREENVILLE — The state’s Republican and Democratic parties
have quite different financial pictures, with the GOP flush with
cash and the Democrats in debt, according to Federal Election
Commission reports.
“I can’t sugarcoat it,” said Joe Erwin, state Democratic
chairman. “We are in a less desirable position than the
Republicans.”
The Democrats had $5,581 in available cash June 30 and $41,367 in
debts after taking in $145,804 and spending $151,908 in the year’s
first six months.
Republicans reported $290,706 in the bank and no debts. Their
January-June receipts were $366,496 and expenditures totaled
$265,148.
The GOP controls seven of nine state offices, including governor
and lieutenant governor, the state House and Senate and both U.S.
Senate and four of the six U.S. House seats. Experts say that
majority status is a major factor in the financial disparity.
“Republicans have the dual advantage of dominating the statewide
offices as well as traditionally enjoying strong support within the
business community,” said John Simpkins, a Furman University
political science professor.
“Incumbents usually have a fund-raising advantage, and most of
the incumbents in the offices that matter in South Carolina are
Republicans,” he
said. |