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GOP opens 2013 with money advantage over Democrats

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[February 21, 2013]  WASHINGTON (AP) -- The Republican National Committee is starting 2013 with a financial advantage over its Democratic rivals.

The RNC raised $6.9 million in January and ended the month with $7.1 million in cash -- along with no debt.

The Democratic National Committee brought in $4.3 million in January and ended the month with $4.7 million in cash.

But the DNC is carrying a large debt of $20.7 million, down slightly from the end of the year. Democrats racked up the debt while helping President Barack Obama hold onto the White House.

Party committees filed monthly financial reports Wednesday with the Federal Election Commission.

[Associated Press]

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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