The DSCC maintains a fundraising lead over the National Republican Senatorial Committee, which raised $4.62 million in January. The haul marks the best January fundraising effort for each side, according to statements announcing the totals.
Heading into the 2014 election cycle, the DSCC says it has outraised the NRSC by $18 million. According to the DSCC, the group now has $15 million in its campaign coffers and is $2.5 million in debt. The group is also expected to get a boost from the White House later this year, as President Barack Obama has committed to headline six fundraisers this year specifically for Senate Democrats.
When it comes to party spending, Democrats are leading the money game now, but if the 2014 midterm election follows the pattern of the 2012 cycle, Republicans could get a boost in outside support in the final months of the campaign. According to an analysis by the Sunlight Foundation, at the end of October 2012, Republicans benefited from slightly more outside spending. Republicans received $97.3 million compared to Democrats’ $92.1 million in competitive Senate races even though their party infrastructure was spending less on the races than their Democratic counterparts.
“While Republicans can rely on the Koch brothers, we depend almost entirely on grass roots donors and thousands of generous people from around the country to make sure that we have a Senate that works for the middle class,” said Guy Cecil, the executive director of the DSCC, in a statement.
Democrats are facing a competitive election season as they defend a handful of seats in Republican-leaning states like Arkansas, Alaska, West Virginia and Montana. Meanwhile, they are hoping to pick up a few seats and stage upsets in Georgia and Kentucky.
Republicans, on the other hand, are confident they can win the six seats they need to reclaim control of the Senate.
“Democrats have touted their fundraising advantage as a reason that they will win in 2014, but that narrative is eroding,” the NRSC said in a statement on its website. "In the fourth quarter of 2013, combined, Republican candidates in Montana, South Dakota, Michigan, West Virginia, Alaska, Louisiana, North Carolina and Arkansas out raised their Democratic counterparts."