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NRCC Raised $4.9 Million In February NRCC Raised $4.9 Million In February

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Politics

NRCC Raised $4.9 Million In February

March 18, 2011

The National Republican Congressional Committee raised $4.9 million during February, Hotline On Call has learned.

The GOP campaign committee's most recent monthly haul is a substantial uptick of $1.9 million from their January fundraising, when they were outraised by the Democratic Congressional Campaign Committee by $1.4 million.

The new cash influx leaves the NRCC with $4.3 million cash on hand -- an increase of $1.1 million since January. The committee still has $9.5 million in debt, but they've paid off $1 million of their debt in the past month. The NRCC's February total is more than double what they had at this time in the 2010 cycle, ending February 2009 with $2 million cash on hand, and it's larger than any DCCC February monthly fundraising report yet recorded.

"Expanding on our aggressive fundraising strategies last cycle, I believe that the NRCC's February fundraising numbers show us well-positioned to build on our success," NRCC Chairman Pete Sessions said in a statement. "These financial gains will keep the NRCC playing offense against Democrats' voter-rejected goal of making Nancy Pelosi the Speaker again."

All monthly reports are due by Sunday to the FEC. The DCCC has not yet filed or released its fundraising numbers, but raised $4.4 million last month and had $3.4 million in the bank. After decimating losses last November, the campaign committee was still saddled with $18.6 million in debt at the end of January and used most of their first month's cash influx to build up their bank account rather than pay down that debt.

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