The RNC raised $21.2 million in March, according to its latest monthly records filed with the FEC. That is nearly double the amount that the DNC raised last month: $11.4 million.
The DNC has nearly $13.9 million in cash on hand, but that figure is undercut by its quickly mounting debt. In February, the outstanding debt stood at $17.4 million. By contrast, the RNC has consistently held no debt for the first three months of the year.
The DNC’s outstanding debt stems from a $15 million loan that the committee took in October 2025, a sign of financial distress following the party’s widespread 2024 election losses. Despite this, the DNC is optimistic about overperforming in many of this year’s elections after its fall 2025 winning streak.
A DNC official noted the group’s fundraising tallies, far behind those of the RNC, are not unusual for a midterm election cycle when the opposing
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