DSCC Raised More Than NRSC in January
The Democratic Senatorial Campaign Committee raised more than its Republican counterpart in January, bringing in $4.5 million as it begins its efforts to take control of the Senate in 2016.
Despite being in the minority, the DSCC said this haul is its best ever in the January of a non-election year. The committee had more than $2.6 million in cash on hand and had $15 million in operating debt at the end of the month. The NRSC announced earlier Friday it raised $2.5 million in January, ending the month with $4 million in cash on hand and $10 million in debt.
Democrats must net five seats in 2016 to secure control of the Senate after losing nine in the midterms. The committee is on the offensive this time — of the 34 senators up for re-election, 24 are Republicans. Only two Democrats are expected to have competitive re-elections.
Not included in the DSCC’s debt figure is a $5 million mortgage it took out last summer to purchase the Mott House. The mortgage does not comprise any part of the committee’s operational debt that it pays down during the cycle.
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