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Political Committees Raise $242 Million So Far

Political Committees Raise $242 Million So Far

WASHINGTON — The major U.S. political party committees raised more than $242 million in the first half of 2011, the Federal Election Commission said Wednesday.

From Jan. 1 to June 30, the Democratic National Committee reported receipts of $57.8 million, $11.8 million in debts and $21.4 million in cash on hand.

The Republican National Committee reported receipts of $37.3 million, debts of $17.5 million and $7.3 million in cash on hand for the period.

The amount those two national committees took in was a 14.4 percent increase from same period in 2009 and a 26.5 increase from 2007, the FEC said in a release.

Senatorial party committees collected $44.9 million and U.S. House of Representatives party committees reported combined receipts of $67.2 million, the watchdog agency said.

State and local committees reported receipts of $38.4 million in the first six months of 2011, the FEC said.

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