DCCC Outpaces NRCC in April Fundraising (Updated)
Updated 8 a.m. | The Democratic Congressional Campaign Committee slightly outpaced its Republican counterpart in April fundraising, and is now debt-free as the party gears up for the 2016 cycle.
The DCCC raised $5.4 million last month, as opposed to the $5.1 million the National Republican Congressional Committee raised in the same time period.
The DCCC’s April haul brings its cash on hand to $8.2 million, with no outstanding debt. This is the earliest the committee has been debt free in 15 years, according to a DCCC aide. Last cycle, the DCCC paid off its debt in June of the off-year.
After paying off its debt in March, the NRCC finished the month with $9.2 million in cash on hand.
Democrats need a net gain of 30 seats to win the House majority.