The Democratic National Committee still owed $18.5 million at the end of July for the 2012 elections, according to Federal Election Commission reports.
The committee finished the 2012 elections $21.5 million in the red. Since Jan. 1, it raised $35.4 million and reported cash-on-hand of $4.1 million entering August.
Its Republican counterpart has been debt-free all year, having paid off the $24 million in debt it had after the 2010 races. The Republican National Committee raised $47 million from January to July and had $12.3 million in the bank.
The DNC can take solace from the experience of the House Democrats. Their fundraising arm was $13.5 million in debt at the end of 2012. Through July 31, the Democratic Congressional Campaign Committee raised $45.2 million, had $14.6 million in the bank and paid off all of its liabilities.
The House Democrats outraised the majority House Republicans, who brought in $38.8 million and had $12.1 million to spend. They owed $750,000.
Senate Democrats also had a fundraising edge over their Republican counterparts. The Democratic Senatorial Campaign Committee brought in $30.8 million with $9.6 million in the bank entering August. The DSCC reported debts of $10 million.
The Senate Republicans’ fundraising arm reported raising $20.4 million and a bank account balance of $6.3 million. The committee owed $5 million.