Good Tuesday morning and welcome back to the Starting Lineup. Here's our take on the political news of the day.
Rehberg Running: Montana Republican Rep. Denny Rehberg will announce Saturday that he will challenge Democratic Sen. Jon Tester, according to Hotline sources with knowledge of Rehberg's decision. Rehberg had said he was considering the race and gives national Republicans a top tier challenger for a seat that is a prime pick up opportunity for the GOP in 2012.
The announcement will occur at Montana's Lincoln/Reagan dinner on Saturday in Helena.
Roll Call 's Kyle Trygstad first reported Rehberg's intentions. The Capitol Hill publication also reported that businessman Steve Daines, who had already jumped in the Senate race, will run for Rehberg's at large congressional seat instead.
Rehberg brings a strong statewide profile to the race and has long been considered the GOP's best candidate to unseat Tester, though his 2006 Senate bid fizzled. He also starts the race on the same financial footing as Tester. Rehberg ended 2010 with $553,000 in his FEC account, while Tester had $562,000. The Cook Political Report immediately moved the race into its Toss Up column with the news the Rehberg is running.
Most troubling for national Democrats, however, is that Rehberg gives Republicans another top tier contender. Even though it's only the beginning of February, Republicans have strong recruits running against sitting senators in Montana (Rehberg), Virginia (George Allen), and Nebraska (Jon Bruning) with solid Republican fields forming in Missouri and Florida. Sen. Kent Conrad's retirement gives Republicans another great pickup opportunity in North Dakota.
It is still very early in the cycle -- and some of those contenders are likely to face difficult primaries and Tea Party opposition -- but that lineup underscores the uphill battle Democrats face in defending their Senate majority in 2012.
Bachmann's Bucks: In spite of all the presidential speculation, Minnesota Rep. Michele Bachmann's breakneck fundraising pace appears to have tapered off at the end of last year, according to FEC reports. Bachmann, you'll recall, raised sizable sums of money during her re-election campaign, which in turn fueled the discussion of a White House run.
Bachmann raised $73,000 from Nov. 23 to Jan. 31, far less than her pace in the run up to the election. Her PAC, Michele PAC, only hauled in nearly $12,000.
But Bachmann still performed better than many of the second tier presidential candidates during that time period. Bachmann has nearly $2 million in her House account and another $200,000 in her PAC's. That's more than Republicans Newt Gingrich, Tim Pawlenty and Mike Huckabee at this early point in the race.
South Dakota Sen. John Thune's PAC matched Bachmann's fundraising and, according to reports filed at the end of November, has $7 million in his FEC account and another $182,000 in his PAC.
A Tale Of Two Committees: Democrats start out the 2012 cycle on strong financial footing at the Democratic National Committee, but in poor position at the Democratic Congressional Campaign Committee.
The DNC's finances -- it raised $2.9 million from Nov. 23 to Dec. 31 and ended the year with $6.1 million in the bank -- look particularly good compared to the Republican National Committee's. The RNC starts 2012 with a whopping $23 million of debt. Wow.
The situation is reversed among the House campaign committees, where Democrats start their 2012 effort to retake the chamber in a deep financial hole. The DCCC reported ending the year with $805,000 in its coffers, compared to the National Republican Congressional Committee's $2.54 million. The DCCC also has $19 million in debt, while the NRCC has $10.5 million.