July fundraising numbers say a lot, RNC and DNC say little
August 20th, 2011
06:58 PM ET
3 years ago

July fundraising numbers say a lot, RNC and DNC say little

(CNN)—The Republican National Committee boasted a fundraising haul of over $6 million Saturday, but didn’t disclose any details.

The GOP committee reported raising “over $6 million in July,” in a statement that highlighted Chairman Reince Priebus’ contributions to the organization since assuming leadership in January.

“Since his election Chairman Priebus has added over $7.3 million to the cash on hand and paid off over $7 million in debt,” the statement read.

According to a report filed Saturday with the Federal Election Commission, the RNC raised $5.8 million in July–including roughly $66,000 in transfers from other party committees–and has $7.6 million in cash-on-hand to use for the election battle against incumbent Democratic President Barack Obama.

The committee carries $17 million in debt.

“Our success raising money more efficiently has allowed us to engage voters in key battleground state while making investments in our ground game that are already paying dividends as we prepare for 2012,” Priebus said.

The Democratic National Committee reported Friday raising $6.7 million during the same period, a sum that includes $2.2 million in transfers from affiliated party committees.

The Democratic fundraising arm has $20.1 million in cash-on-hand to use for the president’s re-election, and carries $11.2 million in debt.

Priebus remained confident.

“We continue to make progress getting this committee in the best possible position to be a partner to the Republican nominee and make Barack Obama a one-term president,” he said.


Filed under: 2012 • DNC • Fundraising • RNC
soundoff (8 Responses)
  1. DENNA

    Again with the one-term president nonsense. Has it ever occurred to the Rethugs that maybe the PEOPLE want to give him a second term. You know, those nasty pests you claim to be representing. If the GOP/TP party doesn't come up with some jobs and a better economy, the people may just decide to keep Obama. Think about that. After all, he was elected by the majority.

    August 20, 2011 07:35 pm at 7:35 pm |
  2. Blinded by the republican lie

    I guess you can see it is certainly clear that party does come before country with these tea/publicans....

    August 20, 2011 07:55 pm at 7:55 pm |
  3. Ken in Nc

    Has anyone noticed that both parties are talking about eliminating our National Debt and yet they are spending like hell to get their people elected while both are carrying a huge amount of debt even while bragging about how much they are pulling in from contributions? If they can't manage campaign finances for their own elections how can we expect either group to manage to pay down the National Debt when they can't even pay down their own?

    August 20, 2011 07:56 pm at 7:56 pm |
  4. J-NW

    The upper 1% of the income scale are paying the GOP to spread propaganda that 35% of voters lap up like idiot dogs.. those same 35% can be seen frequenting Palin, Bachman and Perry rallies (holding signs that say smaller gov't). They wouldn't pay more taxes under the Dem's proposals.. they just think they would because they tune into the wrong channels. Sponsored by the greediest of the upper 1%. Shamefully ignorant.

    August 20, 2011 08:38 pm at 8:38 pm |
  5. Name king

    The repugs and lying to fool the American gullible is on track; notice when the repugs scream that Obama spends too much they will never tell you what he's actually spending the money on. First of all the repugs started a war and didn't raise tax to pay for it, they then went and started another war and still didn't raise taxes to pay for it. A matter of fact they actually cut taxes. This is like a man coming off the street into a car sales lot and buying a car and didnt have any income, then he went to the mortgage company and take out mortgage on a house and still didn't have any source of revenue to pay for the debt. I sometimes wonder as I lesson to repugs blatant lies, half truth and tricked talking points, what tea are they drinking, do they really expect that people are that stupid to go through an event then close their eyes and said this event didn't happen, I want to drink some of that wonderland tea their drinking maybe the problems I'm going through will magically disappear because someone tells me i am not really experience the problems all around me. If people shut their eyes and allow the repugs to blatantly change history. Then those people need to get exactly what's coming to them. Too bad many of us would have to pay for their ignorance.

    August 20, 2011 08:42 pm at 8:42 pm |
  6. Steve

    RNC has $7.6 million in cash-on-hand to use for the election battle against incumbent Democratic President Barack Obama.
    The committee carries $17 million in debt.

    The DNC has 20.1 million in cash-on-hand to use for the president’s re-election, and carries $11.2 million in debt.

    Voodoo economics again: the RNC is $9.4 Million in the red, The DNC is $8,9 million in the black.

    That is a $18.3 million dollar difference in favor of Democratic fundraising.

    Just how can you owe $17 million and have money to spend? OH, Yes.. Republican economics like the Bush "boom"
    .

    August 20, 2011 08:59 pm at 8:59 pm |
  7. hopeismyname

    so why is it that the fiscally conservative GOP has so much more in debt than the dems??? hmmmmmm?

    August 20, 2011 10:59 pm at 10:59 pm |
  8. joe the plumber

    2012 election's about choice!if you want your social security,medicare,and medicaid cut then vote for republican.but if you want balance aproach,weathy pay fair share of taxes and keep your entitlement without cut,vote democrat democrat.

    August 21, 2011 03:30 am at 3:30 am |