RNC adds to bank in January
February 20th, 2013
01:35 PM ET
1 year ago

RNC adds to bank in January

(CNN) - The Republican National Committee raised $6.9 million in the first month of the year, the group announced Wednesday.

The haul brings their cash on hand to $7.1 million heading into the midterm election cycle - a very different picture than after the 2010 midterms, when the RNC was $19.2 million in debt.

They ended 2012 with $4.7 million cash on hand, faring far better financially than the Democratic National Committee, who ended the year with $21.5 million in debt and $4.3 million in cash.

"As we work to build and grow the party, we remain committed to spending our money wisely and are grateful to our donors and supporters," RNC chairman Reince Priebus said in a statement. "Grassroots-level support was especially strong last month, and overall we added more new donors to our rolls than we did in January of 2009. Our donor base is now larger this year than it was in 2011."

The Democratic National Committee had not yet announced their January fundraising.


Filed under: Republican National Committee • RNC
soundoff (6 Responses)
  1. Jake

    If the Republicans allows this country to go back into recession. There money won't matter. The voters will drive them from office with a cat of nine tails.

    February 20, 2013 01:43 pm at 1:43 pm |
  2. Rudy NYC

    The Republicans ended "far better" than the Democrats? When you're talking about billion dollar campaigns, a difference of two million dollars works out to a difference of 0.2%.

    February 20, 2013 01:57 pm at 1:57 pm |
  3. much thunder.little rain

    its the gop folks that cant buy shells for there guns are sending there money to the party....

    February 20, 2013 02:02 pm at 2:02 pm |
  4. Evergreen

    The more money you have...the more "freedom of speech" you can buy. In the long run this will hurt our democracy more than debt. Debt can be restructured. Freedom of Speech should not.

    February 20, 2013 02:06 pm at 2:06 pm |
  5. rs

    It is good to see the GOP's wealthy patrons (Kochs, Edelson, etc.) weren't too bummed about the money they wasted last year. They can get a head start on losing their cash NEXT year!
    Jake is right- if the GOP is succcessful at wrecking the economy again there isn't enough money out there to buy the GOP any wins!

    February 20, 2013 02:06 pm at 2:06 pm |
  6. James Bond

    Grass roots, you mean tea party, they would rather use campaign fiance as a tool to control the repubs, than restucture their ideaology, money cant buy a clue, too bad you desperatly need new leadership, nothing new here

    February 20, 2013 02:16 pm at 2:16 pm |