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Sunday, September 25, 2011

RNC surpasses DNC in August fundraising (AP)

WASHINGTON – The Republican National Committee raised about $8.2 million in August, far outpacing its Democratic rival in a typically slow fundraising month.

The Democratic National Committee reported that it raised $5.4 million last month, including $1.4 million for the Obama Victory Fund, a joint fundraising account by the DNC and Obama's campaign.

The DNC finished the month with $16.6 million in cash and $11.1 million in debt.

The RNC ended August with $9.3 million in cash and $15.9 million in debt. Republicans said it was the largest amount of money the RNC has raised during the month of August in a non-election year.

August is usually a difficult month for fundraising because many donors are on vacation and events are limited.


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