Washington (CNN) - The Republican National Committee raised $5.2 million last month, but still is saddled with a debt of more than $21 million from the 2010 midterm elections.
The RNC was able to pay $1 million toward reducing the debt in February, but received an additional $1 million in invoices from 2010 that left its financial position virtually unchanged, according to a report that will be filed this afternoon with the Federal Election Commission. CNN was provided the data prior to the filing.
We've turned the corner," said Sean Spicer, a veteran GOP operative recently hired as the RNC's communications director.
"We are paying the debt down."
New RNC Chairman Reince Priebus has repeatedly stated that his top priority is to pay off the committee's debt and prepare the RNC for the 2012 presidential election. Past Chairman Michael Steele was widely criticized for his stewardship of the committee, particularly his lack of attention to fundraising.
Spicer noted that Priebus has cut the committee's staff and overhead by 35 percent and is reaching out to wealthy Republican contributors.
"Our big donors are coming back into the fold," Spicer said.
The RNC's filing will also show that it has a little more than $2 million in the bank.