The Democratic fundraising committees in both the House and the Senate raised significantly more money than their GOP counterparts during the first quarter of 2013, giving them a jumpstart on their war chest for the 2014 midterm elections.
The Democratic Senatorial Campaign Committee raised $13.7 million in the first three months of this year, marking its best first quarter ever, and leaving it with $8.4 million cash on hand at the end of March, Roll Call
reported Monday, based on figures reported to the Federal Election Commission.
That compares to $6.9 million raised by the National Republican Senatorial Committee during the same period. It ended with $5.3 million on hand.
DSCC executive director Guy Cecil claimed the cash advantage would help combat third party spending which he said would likely favor Republicans.
In the House, the Democratic Congressional Campaign Committee pulled in $22.6 million, compared to $17.5 million raised by the House Republican Campaign Committee, which also reported a debt of $8.3 million.
The financial results for the Democrats were buoyed by online donations and robust fundraising by congressional members.
President Barack Obama has also pledged to host a series of eight fundraisers for the Democrat’s House committee in the run up to the 2014 elections.
© 2013 Newsmax. All rights reserved.