WASHINGTON (CNN) - The Republican Governors Association Tuesday announced it raised more than $12.2 million dollars for the first six months of the year.
The RGA's announcement came just hours after the Democratic Governors Association announced that they raised a record-breaking $11.6 million in the first six months of the year.
The RGA also reported having a record $20.4 million cash on hand.
"The RGA's ability to outraise the Democrats despite their control of the White House, Congress and majority of governorships, proves that
more people than ever believe a Republican comeback begins with the 39 governors' races that are taking place over the next two years," said RGA Executive Director Nick Ayers in a statement. "Our strong fundraising numbers and record cash on hand put us in position to compete in New Jersey and Virginia this year and in all our targeted states next year."
"Our extraordinary fundraising demonstrates that the 2009 and 2010 governors' races are at the center of the political landscape. The DGA is the only organization devoted exclusively to electing governors who will advance President Obama's efforts to create jobs and fight for the middle class – while also working to ensure a fair redistricting process," said Montana Governor Brian Schweitzer, the DGA's chairman, said in a statement. "Our donors reached deep to contribute, and we are grateful for their generosity."
Democrats are looking to hold on to the governor's mansion in both New Jersey and Virginia this year. Money from both the RGA and DGA to both states could be a major factor in the outcome of those contests.