November 19th, 2009
09:02 AM ET
5 years ago

RNC reports nearly $9 million cash haul last month

 The Republican National Committee says they've raised what they call an off-election year record of money last month.
The Republican National Committee says they've raised what they call an off-election year record of money last month.

Washington (CNN) - With less than a year to go until crucial mid-term contests, the Republican National Committee says they've raised what they call an off-election year record of money last month.

The RNC reports Thursday morning that they raked in $8.79 million in October, with $11.2 million cash on hand and no debt. The RNC says it has now topped one million active donors and that as of November 11, it has registered a record 305,000 new contributors this year.

The $8.79 million is up slightly from the $8.74 million the RNC says they raised in September. The $11.2 million in the bank is down nearly $8 million from the start of October, which reflects the large amounts of money the RNC spent last month to help Republican candidates in this November's contests. Republican gubernatorial candidates in New Jersey and Virginia both won, grabbing back two seats held by Democrats.

"I am extremely pleased that the Republican National Committee continues to show solid fundraising numbers, and we are grateful to the countless Americans who have contributed to our Party. The elections in Virginia and New Jersey clearly showed the American people oppose bigger government, reckless federal spending, and higher taxes, and this enthusiasm for common-sense Republican principles is strongly resonating with our generous and motivated donors," said RNC Chairman Michael Steele in a statement.

"Thanks to our many contributors, the RNC is on solid financial footing as we continue build an organization to support our candidates and state parties in the election of 2010 and beyond."

The RNC's counterpart, the Democratic National Committee, has not yet released its October numbers. The DNC reported that they raised just over $8 million in September.

Follow Paul Steinhauser on Twitter: @psteinhausercnn


Filed under: RNC
soundoff (30 Responses)
  1. Carole

    Insurance and Pharmaceutical companies.

    Where were the protestors for Cheney, Rove and O'Reilly yesterday at the hearing? ::crickets:: ::crickets::

    November 19, 2009 10:43 am at 10:43 am |
  2. good money thrown away

    well, now that Shaft has it, it will be put to crime fighting use

    opps, this is not a 1970's TV show

    the money will be wasted on TV ads etc on GOPers that care nothing for this country

    They care only about getting elected

    The people that gave them the 9$mill? Aren't even people, they are corporations and lobbyists

    We the people in order to form a more perfect union... down the toilet

    November 19, 2009 10:44 am at 10:44 am |
  3. tommygunn

    It is good to see BIG BUSINESS in the 2 AMERICAN POLITICAL PARTIES.

    I know alot of this is campaign dollars that fund ads that are produced by agencies and distributed via media (TV, Newspaper, Magazine, Handouts, staff and physical locations/visits).

    It would be grand to see the breakdown of where the money is spent.

    Now can someone in either party tell me how much of this money is going to the common man that is looking for a job, since our employment numbers are SO UGLY regardless of your POLITICAL perspective?

    November 19, 2009 10:44 am at 10:44 am |
  4. Pragmatic

    The recession must be over – republicans have lots of money to spend on the party! Not so much "smaller government" wanted by Americans but more effective government. The GOP showed the country what it could do when elected and with a majority in 2000 & 2004. What makes them think their failed policies will work better now?

    November 19, 2009 10:52 am at 10:52 am |
  5. Reformed Republican

    Fools and their money are easily parted...

    There's a sucker born every minute...

    Nuff said...

    November 19, 2009 11:04 am at 11:04 am |
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