Both national Senate campaign committees announced raising $2.7 million in July, but Democrats have more cash on hand.

The Democratic Senatorial Campaign Committee’s haul left it with $9.2 million in the bank and $1.8 million in debt. According to the released figures and last month’s filing with the Federal Election Commission, the committee paid down more than $400,000 in debt and added $100,000 to its cash-on-hand total.

“The Tea Party has cemented its control of the Republican party on every level, and it is resulting in an unprecedented increase in our online and small dollar contributions, energizing Democratic donors across the country,” DSCC spokesman Matt Canter said in a statement.

The National Republican Senatorial Committee increased its war chest to $4.1 million. It paid off its debt from the 2010 cycle earlier this year.

“The NRSC continues to stand on firm financial footing as we build the resources necessary to help win back a Senate Republican majority in 2012,” NRSC Executive Director Rob Jesmer said in a statement.

All of the national campaign committees must file their monthly fundraising report with the FEC by Saturday.