The Democratic Congressional Campaign Committee outraised its GOP counterpart, the National Republican Congressional Committee in the month of October, according to disclosures by both parties.

The DCCC will report raising $3.8 million last month, compared to $3.4 million for the NRCC. That’s about the same amount both committees pulled in at the same point in the 2007-08 cycle, despite the fact that the economy has soured significantly since then.

However, like the NRCC, the DCCC spent more than it took in — $4 million total in disbursements. A big chunk of that went to the hotly contested Nov. 4 special election to replace Rep. John McHugh (R) in New York’s 23rd district. The DCCC reported $1.1 million in independent expenditures, total, on the race, which its candidate, Bill Owens (D), narrowly won.

The DCCC still has more than three times the cash-on-hand as the NRCC, with $14.5 million in the bank, and $3.3 million in debt. The NRCC will report $4.2 million cash on hand and $2 million in debt.