"Our base is energized, they are charged up, they are involved, they are writing checks," said Israel.
Of the money they still owe from loans taken out last cycle, Israel said he wouldn't "sugarcoat" the fact they're still in the red, but said the DCCC has always carried debt, although theirs now is "marginally higher than in past." However, because of the fundraising uptick, the committee will be able to accelerate its plan to pay down the debt.
Israel said that if the committee hadn't taken out the extra cash last fall, as many as 15 to 20 more Democratic seats could have been lost.
"Twenty-five seats is in range, but without those seats, 40 to 45 seats, that's out of range in my view," said Israel. "The decision for us to borrow money to keep it in range was a good investment. In fact it was one of the best investments we could make."
"Steve Israel and his giant-sized ego will have a hard time winning anything until they admit why their party was rebuked by voters in the first place. Judging by their continued support for massive government spending, it's obvious that House Democrats have a long way to go before accomplishing their goal of returning Nancy Pelosi to the Speaker's chair," said National Republican Congressional Committee communications director Paul Lindsay.
This post was updated at 3:10 p.m.