(CNN) – Heading into the crucial midterm elections, the two national political party committees have opened substantial lines of credit that will allow them to draw on millions of dollars to help pay for last minute campaign activities including get-out-the-vote operations.
The Republican National Committee and the Democratic National Committee have each taken out $15 million line of credits, officials with both organizations confirm to CNN.
While RNC Chairman Michael Steele has been criticized for the committee's lack of fundraising, the GOP is on the offense and has its eyes on taking back control of the House as well as picking up several seats in the Senate. The RNC just added another $5 million to its line of credit that had been $10 million.
"This is the result of an election map that continues to expand and means we will be even more engaged in more key races in more states," said RNC spokesman Doug Heye. "Make no mistake, we are on offense, the Democrats are on defense."
Heye dismissed talk that the line of credit was needed because of the RNC's failure to raise sufficient funds. "We have seen our fundraising numbers increase in the month of October," Heye said. "The stakes are too high not to use every resource we can for victory in November."
A few blocks away on Capitol Hill, officials at the DNC are using their line of credit to help bolster Democrats across the country and limit the party's losses in November. "We have raised over $180 million this cycle and committed a historic amount toward the midterms," said a DNC official. "And we are going to make sure we have the resources that we need to win."
Reid Wilson, editor of the Hotline, was the first to report the DNC and RNC opening the line of credits.