The Democratic Senatorial Campaign Committee last month broke its own fundraising record for the first month of an election cycle, bringing in $2.63 million, according to the committee.
That is about $200,000 less than the National Republican Senatorial Committee raised in January, as Roll Call reported Thursday, but the DSCC has about five times as much cash on hand.
After spending $732,000 last month, the DSCC will report $2.65 million on hand, compared with $432,000 in the bank for the NRSC.
However, the Democratic committee is also carrying $8.78 million in debt compared with $6.5 million for the NRSC.
Democrats have 23 seats to defend in the 2012 cycle — 13 more than the GOP — and a couple open seats that could prove troublesome for the party. That includes Sen. Jeff Bingaman (D-N.M.), who will announce his retirement Friday. But the committee believes January’s showing is just the start of a strong fundraising cycle.
“Senate Democrats will prevail this cycle by raising the resources needed to wage aggressive campaigns in each of our targeted states,” DSCC Executive Director Guy Cecil said. “Our supporters are energized when they see Democrats focused on growing jobs and Republicans on everything but. Democrats know what is at stake in 2012 and stand ready to fight.”
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From left, Lisa Peng, daughter of Peng Ming, Grace Ge Geng, daughter of Gao Zhisheng, and Ti-Anna Wang, daughter of Wang Bingzhang, hold pictures of their imprisoned fathers during a House Subcommittee on Africa, Global Health, Global Human Rights, and International Organizations hearing in the Rayburn House Office Building titled “Their Daughters Appeal to Beijing: ‘Let Our Fathers Go!’”
Each year since 1990, CQ Roll Call has reviewed the financial disclosures of all 541 senators, representatives and delegates to determine the 50 richest members of Congress. This year's report, derived from forms covering the calendar year 2012, shows it took a net worth of $6.67 million to crack the exclusive club.