Senate races

Senate committees saddled with debt after final election spending push

The National Republican Senatorial Committee spent just over $30 million in the month before the midterm elections in an effort to regain the Senate majority for Republicans. 

According to numbers filed with the Federal Election Commission, the NRSC took in $19.4 million between Oct. 14 and Nov. 22, while spending more than $30 million during that period.

{mosads}The committee has just over $500K cash on hand, but reported $6 million in debt. 

The party failed to take control of the upper chamber but did pick up six Senate seats. NRSC Executive Director Rob Jesmer credited strong fundraising for the party’s Election Day showing in the Senate. 

“The NRSC’s strategic investments on behalf of our candidates nationwide paid off as we turned the tides and captured seven new Republican seats this cycle and elected 13 new Republican senators on Election Night,” Jesmer said. 

The Democratic Senatorial Campaign Committee raised $19.9 million during the same period and spent $33 million. It reported closer to $7 million in debt, according to its FEC filing.

In all, the DSCC outraised the NRSC by $15 million over the course of the cycle, pulling in a total of $127 million to the NRSC’s $112 million. 

“Senate Democrats beat back the Republicans this year in part because we outraised the other side,” DSCC Executive Director J.B. Poersch said in a statement. “The Democratic Senatorial Campaign Committee broke several fundraising records this cycle — demonstrating a continued commitment from Democrats to prevent a return to the failed policies of the past.”

Spending was much heavier on the House side.

The Democratic Congressional Campaign Committee spent $54.8 million between Oct. 14 and Nov. 22, according to its FEC filing. The DCCC borrowed and raised some $33 million to help with its final push.

The National Republican Congressional Committee dropped $31.3 million
during the same period, according to its filing. That money helped the
GOP capture a whopping 63 seats and seize the House majority.

The DCCC has
$19.5 million in debt, compared with $12 million for the NRCC.
Moreover, the Republicans still have $4.67 million banked, compared
with only some $3 million for the Democrats. 

—Sean J. Miller contributed to this post.

This post was updated at 12:38 p.m. and 12:51 p.m.

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