Washington (CNN) – As the next battle for the Senate heats up, both the Democratic Senatorial Campaign Committee and the National Republican Senatorial Committee are showing their latest finance numbers.
The DSCC Wednesday reported raising $5.6 million last month, with $5.5 million cash on hand as of April 1, and a debt of $4.89 million.
The DSCC's GOP counterpart, the NRSC, reported raising $5 million in March, with $1.48 million in the bank and a debt of $2.75 million.
The NRSC, in an e-mail release, touted that March was the most successful off-year fundraising month for the committee since passage in 2002 of the Bipartisan Campaign Reform Act, better known as "McCain-Feingold," after its two sponsors in the Senate.
"Since Senator Cornyn assumed the chairmanship in 2009, his finance goals for the NRSC have been three-fold - to be careful stewards of our donors' money, to continue to close the fundraising gap with Senate Democrats and to ensure that not a single Republican candidate loses on Election Day because of a lack of financial resources," says NRSC Executive Director Rob Jesmer, in an email statement. "The NRSC met, and exceeded, those goals last cycle, and while we're still up against a Senate Democrat majority and the fundraiser-in-chief in the White House, we are committed to building on this success and winning back the majority next year."
Meanwhile, The DSCC noted that it has paid down over 43 percent of its debt over the past month and highlighted its cash on hand advantage over the NRSC.
"The strong support we're seeing so early in the cycle shows that we're going to be in a position to not only protect our majority next year, but also play offense in 2012," says DSCC Executive Director Guy Cecil. "The Republican move to end Medicare and give more tax breaks to the very rich has fueled support from our base. Our campaigns around the country are seeing that their supporters are excited and engaged earlier than ever before, and that will make the difference next year."
The Democrats will be defending 23 Senate seats in next year's elections (21 Democrats plus two seats held by independents who caucus with the party) while the GOP will be defending only 10 seats. The Democrats currently have a 53-to-47-seat majority in the chamber.
–Follow Paul Steinhauser on Twitter: @psteinhausercnn
Of course they had their best year ever. Citizens United rendered McCain-Feingold moot.
The RNC also has a $19,000,000 debt and the DNC has none - they probly transferred all their committee debts into the RNC debt to look like they were doing so well.
In plain words, DSCC has positive cash balance of $610,000.00, while NRSC is in the red for $1.27m..
Really? The Dems spend more than they have?
Silly Democrats.... They think hoards of cash can save them from their years of failure. How did it work out for you in 2010??? Obama is a lead anchor around the necks of every single Democrat. Turnout will be HIGH to vote him out of office and along with him, will go MANY Democrats.
In a cold cruel twist, Obama did turn out to be the Messiah. The Messiah of the REPUBLICAN PARTY. The leftist triad of Obama, Pelosi and Reid have shown America what the Democrats have become, far left radicals.
"The Republican move to end Medicare and give more tax breaks to the very rich has fueled support from our base. Our campaigns around the country are seeing that their supporters are excited and engaged earlier than ever before, and that will make the difference next year."
You darn right. We're fired up and ready to kick some fascists behind.
It really doesn't matter how much the DSCC or NRSC have on their books. The GOP has the Republican Propaganda channel spreading their 'message' free of charge 24/7.
Republicans are hitching their wagon to a boat load of former losers and quitters; Palin, Gingrich, Huckabee, Santorum, Romney, Barbour, all losers.
This will not be a problem for the republicans as the supreme court has paid off its sponsor debt and the corporations now do not to have to illegally funnel money. They can just back the truck loads up to the republican headquarters.
Thank god the supreme court thinks of the individual citizens when it makes these corporate decisions
Corporations, non-human though they are, have a right to freedom of speech.
Roberts has paid off his debt ~ all decisions from now on will cost big $$$.
So let's say what this article wanted to say but was afraid to say it. The Democrats raised enough money to pay off all their debt and still have money to throw around; but the masters of deficit reductions can't pay half their bills with all the money they have. Yet these clowns want me to believe they know how to manage money?
If the public believe these Greedy Old Pervs, we're screwed.
so if you do the math- the Republicans have spent more money than they have. Still wan tto trust their judgement on the budget?
The way Democrats are raising lots of money and are in the red is the same way that President Obama is running the country which is understandable why it doesn't bother Democrats that Obama borrowed so much money from China and put our country at risk of bankruptcy and it took Republicans to stop it.