Congressional Republicans led in April fundraising

Reuters News
Posted: May 18, 2012 7:30 PM
Congressional Republicans led in April fundraising

WASHINGTON (Reuters) - The Republican Party's fundraising arm working to elect its candidates to the U.S. House of Representatives raised $6.9 million in April, slightly more for the month than its Democratic counterpart.

National Republican Congressional Committee figures released on Friday showed that the NRCC ended last month with $31.3 million left in the bank, adding about $4.2 million to the cash on hand in March. Republicans currently have a majority in the House.

The Democratic Congressional Campaign Committee raised $6.5 million and had $25 million left on hand, according to its figures due to be officially reported to the Federal Election Commission by May 20.

The DCCC highlighted last month as the best April in its history, adding that so far this campaign season the party committee raised more than $90 million, besting Republicans.

Democrats are vying for dozens of House seats this campaign season, hoping to regain control of the lower chamber after a painful loss to Republicans in 2010. With formidable outside non-profit and Super PAC groups laying down millions to influence congressional races, national parties are preparing to spend their share on advertising and get-out-the-vote efforts.

Already, preparing for a battle over airwaves with other groups hoping to reach viewers during what is expected to be a heated presidential campaign, the DCCC has reserved more than $32 million worth of broadcast TV time for 36 races, predominantly in markets covering Republican incumbents.

The two party committees did not specify how much they spent in April, but calculations show the DCCC spent about $4.3 million and NRCC spent about $2.7 million.

In March, the DCCC raised $9.8 million and had just under $23 million left in cash on hand. The NRCC raised $9.3 million and had roughly $27 million left on hand.

(Reporting by Alina Selyukh; Editing by Lisa Shumaker and Vicki Allen)