DNC Outraises RNC in July, but Republicans Retain Cash Edge
Updated 4:51 p.m.
By Ben Pershing
Reversing an earlier trend, the Democratic National Committee outraised the Republican National Committee in July, but the RNC continues to hold a cash edge as the parties arm themselves for electoral battle.
Newly filed Federal Election Commission reports show that the DNC raised $9.3 million in July, while the RNC took in $6 million for the month. Republicans had outraised Democrats in previous months, and the RNC has raked in a total of $51.9 million this year to the DNC's $46.7 million.
Republicans still ended July in a better financial position, with $21.8 million in the bank and no debt, while the DNC had $16.3 million on hand and $5.1 million in outstanding debt.
"The RNC continues to mount a very effective fundraising effort and we are extremely thankful to the Americans who have contributed to the financial success of our Party," RNC chairman Michael Steele said in a statement. "The Republican Party will be successful in the coming elections this fall and in 2010 thanks to the generosity of our donors."
Brad Woodhouse, a spokesman for the DNC, said: "We have a plan in place and we're raising the money we need to support our operations on behalf of the President's agenda, including passing health insurance reform, and to support our political operations, state parties and campaigns."
Democrats got some help in July from their leader, President Obama, who headlined a lucrative Chicago fundraiser for the committee.
Fundraising for both committees will likely increase next year as the midterm elections approach. In addition to 2010 races, this November's gubernatorial contests in Virginia and New Jersey are expected to attract significant spending from both sides.
Fundraising reports for the Capitol Hill campaign committees are also in.
The National Republican Senatorial Committee raised $2.7 million in July and had $4.4 million in the bank and no debt, while the Democratic Senatorial Campaign Committee raised $2 million and had $7.1 million on hand with $3.3 million in debt.
The Democratic Congressional Campaign Committee raised $3.2 million in July, while the National Republican Congressional Committee took in $3 million. The DCCC reported $10.2 million in the bank and $5.3 million in debt, while the NRCC reported $4 million in the bank and $2.7 million in debt.
August 20, 2009; 4:17 PM ET
Categories: B_Blog , Democratic Party , Republican Party , The Green Zone , White House
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