By Justin Sink
President Obama and the Democratic National Committee, meanwhile, said they raised $47 million in the last weeks of the election. According to a filing with the Federal Election Commission, they spent $58 million during that same period and concluded the campaign with $8.7 million left in the bank.
But, The Washington Post reported that the Democratic National Committee concluded the campaign with more than $20 million in debt and $9.7 million cash-on-hand. The Republican National Committee, by contrast, had no debt and $25 million cash-on-hand.
Democrats encouraged by last month's election results probably aren't too worried about their overall spending, but RNC spokesman Sean Spicer did take to Twitter to crow about the GOP's superior cash-flow position heading into 2013.
2012 RNC and Victory raised $214 million more than 2008 effort, exceed DNC by over $110 million, RNC debt = $0, DNC Debt = $20 million— Sean Spicer (@seanspicer) December 6, 2012