House Republicans begin the 2012 cycle not only with a new majority but also in a significantly better financial advantage than their Democratic counterparts.
According to year-end fundraising reports filed Monday with the Federal Election Commission, the National Republican Congressional Campaign Committee ended 2010 with $2.54 million cash on hand, while the Democratic Congressional Campaign Committee reported only $805,000 after a bruising campaign cycle -- less than a third of the NRCC's bank account.
The DCCC also has $19 million in debt, while the NRCC will report just $10.5 million in debt, and that's after paying off $1.5 million since the November elections.
The one area of parity was in the final reporting period of the year, from Nov. 23 until Dec. 31, although Republicans still hold a slight edge.
In that period, the NRCC raised $1.88 million, while the DCCC took in nearly $1.68 million.
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