Reid Wilson has the story:
Even with the president on their side, the Democratic National Committee's fundraising woes continued in March as the party earned fewer individual donations than their GOP rivals.

The Republican National Committee, under new chairman Michael Steele, pulled in $6.7 million in March, padding the committee's swollen bank accounts and ending the month with $23.9 million cash on hand. That's higher than the $5.26 million the RNC raised in February, Steele's first month as chairman.

The DNC, which hosted President Obama's first fundraiser since being sworn in in January, posted just $5.57 million raised from individual donors, down from the $6.6 million raised in February. Obama's fundraiser brought in $3 million, a DNC source told The Hill.

Still, the party got a boost from Obama's presidential campaign, which transfered $2 million to the DNC in March. In total, the DNC will report $7.57 million in contributions last month, with $9.7 million cash on hand.

jeremy.jacobs@thehill.com