RNC Says it Raised $13.7 Million in March

Associated Press + More

By KASIE HUNT, Associated Press

BOSTON (AP) — The Republican National Committee says it raised $13.7 million in March, its best fundraising month this election cycle.

Committee officials on Friday said the RNC had $32.7 million in cash at the end of the month, with $9.9 million in debt. The committee has already started raising money jointly with Mitt Romney's presidential campaign, but the March numbers don't include any joint funds.

[Read: Fundraising Troubles Over: GOP is Back Big.]

The Democratic National Committee raised $15.4 million in February, leaving it with about $21.2 million in the bank at the beginning of March. The DNC has about $5.8 million in debt.

The RNC has had to dig itself out of a deep financial hole. It had more than $23 million in debt last spring.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.