DCCC Outraises NRCC in March

Posted April 20, 2010 at 2:06pm

The Democratic Congressional Campaign Committee reported raising $9.77 million in March, while its GOP counterpart raised $8 million, the committees announced Tuesday.

The DCCC ended March with $26 million in cash on hand compared with the $10 million that the National Republican Congressional Committee had at the end of last month.

The DCCC spent $3.55 million in March, while the NRCC spent about $4 million.

The NRCC’s cash-on-hand figure is a drastic improvement over the committee’s recent cash position. At the end of February, the committee had a little more than $6 million on hand.

Rep. Jeb Hensarling (Texas), who leads the NRCC’s fundraising efforts, said the March haul marked “the most successful fundraising month since being in the minority.”

In the three-month period covering January through March, the DCCC raised $18.82 million and spent $9.45 million for the quarter.

The DCCC also paid off its remaining debt from the 2008 cycle in March, and now both House campaign committees are debt-free.