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April 15, 2014

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House Democrats raised $76 million in 2013

Updated Thursday, Jan. 30, 2014 | 4 a.m.

WASHINGTON (AP) — The campaign committee for House Democrats raised $5.6 million in December, bringing its fundraising total for 2013 to nearly $76 million.

The Democratic Congressional Campaign Committee has about $30 million in the bank heading into the election year. After picking up eight seats in 2012, Democrats need a net gain of 17 seats in November to capture control of the House.

The National Republican Congressional Committee hasn't yet released its December totals. But at the end of November, Democrats had $8 million more on hand than Republicans and were poised to outraise them for the year. Both committees were debt-free.

Democrats raised $18 million more in 2013 than they did in 2011. Both parties stockpile cash in odd years to spend during even years when House elections are held.