Senate Dems raise $53M, have $12M banked

AP News
Posted: Jan 31, 2014 12:03 PM

WASHINGTON (AP) — The Democrats' committee to elect senators raised $52.6 million last year and has more than $12 million in the bank to defend their majority.

The Democratic Senatorial Campaign Committee on Friday also announced it raised $4 million in December alone, but has almost that amount in debt.

Thirty-five Senate seats are up this year and Democrats will be defending 21 of them. The current balance of power in the Senate is 45 Republicans, 53 Democrats and two independents who generally vote with the Democrats. Republicans need a net gain of six seats to wrest the Senate from Democrats' control.

The Republican committee focused on the Senate is expected to release its numbers later on Friday and is expected to trail the Democrats' fundraising.