RNC: $81M raised last year, $9M banked

AP News
Posted: Jan 31, 2014 3:00 PM

WASHINGTON (AP) — The Republican National Committee raised almost $81 million last year and has $9 million banked for this year's elections.

The RNC also says it's debt-free. That's according to reports filed Friday with the Federal Election commission.

Reince Priebus (ryns PREE'-bus) is RNC chairman. Priebus says his party easily outraised Democrats last year and enters 2014 in a position of strength and on solid financial footing.

Ford's Classmate Now Changing Her Story
Cortney O'Brien

Much of the RNC's spending was on technology and hiring operatives outside Washington.

The RNC is trying to rebuild after losing back-to-back presidential elections.