House 2012: National Republican Congressional Committee Has Twice as Much Cash as the Democrats

Well, the GOP did retake the House last year (see graphic above) – so, you would expect good fundraising from the special interests.

In the battle for control of the House of Representatives, the National Republican Congressional Committee has twice as much money in the bank as its Democratic counterpart.

The NRCC revealed late Monday that the party committee has $10.6 million cash on hand as of June 1, double the $5.3 million the Democratic Congressional Campaign Committee reported having in the bank as of the end of last month.

The NRCC reported raising $4.6 million in May and a debt of $7 million. The DCCC brought in $3.8 million last month, with a debt of $6.6 million. The NRCC points out that they have raised $26.8 million so far this year, nearly double what they raised in the first half of 2009.

The Democrats will need to win 24 seats to regain the majority in the House. But, with Rahm Emanuel gone (elected Mayor of Chicago) and moderate Democrats having been largely replaced by Republicans (those recruited by Emanuel) the Democrats will be hard pressed to win back the House in 2012.

The money gap will make it even more difficult and unlikely.