Scenes around the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina.
Photo by Charles Ommanney/Getty

DNC fundraising exceeded RNC’s in June

Updated

Members of the Democratic National Committee surpassed their Republican counterparts in fundraising last month.

The DNC raised $9 million in June, compared to the Republican National Committee’s $8.5 million, according to Federal Election Commission filings that were due on Sunday.

But the RNC still has $14.4 million in the bank, almost twice as much as the $7.8 million the DNC began with in July.

Additionally, the DNC slashed its debt to $3 million, down from a high of $23 million in March 2013. The RNC hasn’t been in debt since last June.

Republicans have outraised Democrats in 10 of the last 18 months, according to media reports. The RNC has collected about $132 million, and the DNC $116 million, since the election cycle began last January.

The DNC, which spent heavily and experienced a deficit to help President Barack Obama win a second term, is focused now on controlling spending ahead of this year’s midterm elections. The RNC poured much of its funds to former Massachusetts Gov. Mitt Romney’s 2012 presidential bid.

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Fundraising

DNC fundraising exceeded RNC's in June

Updated