The RNC raised $14.7 million in fundraising in October, nearly double the DNC’s $7.5 million

First on Fox – The Republican National Committee raised nearly $15 million in funds last month, as it continues to build a massive fund for next year’s midterm elections, when the party will defend its majorities in the House and Senate.

According to numbers first shared with Fox News Digital on Thursday, the RNC raised $14.7 million in October, bringing its total fundraising so far this cycle to $146 million.

The Republican National Committee reported $91 million in cash on hand as of the end of October.

That’s a massive advantage over the $18.2 million the rival Democratic National Committee (DNC) had in its coffers at the end of last month, according to public filings. The $7.5 million raised by the Democratic National Committee last month was nearly half of the Republican National Committee’s money.

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“Thanks to the leadership of President Trump and Vice Chairman Vance as our CFO, the Republican National Committee is building a strong war chest for the 2026 midterm elections,” Republican National Committee Chairman Joe Gruters said in a statement.

“Vice President Vance has been a driving force in our fundraising efforts, as we enter 2026 with serious momentum and the funding we need to defend our Republican majority in Congress,” Gruters stressed.

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With Republicans controlling the White House and both chambers of Congress, the party has enjoyed a financial advantage over Democrats this year, with the minority party facing a slowdown in fundraising among top-dollar donors and the grassroots still frustrated by last year’s electoral setbacks.

The party is still emerging from debt — it is still about $15 million in debt — in the wake of former Vice President Kamala Harris’ expensive 2024 campaign for the White House.

$15 million of the Democratic National Committee’s available cash came from a loan obtained by the party committee, which was first reported by the New York Times.

The Democratic National Committee confirmed to Fox News Digital that it has opened a $20 million line of credit, tapping $15 million in recent months for investments in the 2025 elections earlier this month, as well as the party’s long-term infrastructure and other priorities.

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The loan helped bolster the Democratic National Committee’s efforts to get out the vote in two gubernatorial races this year, in New Jersey and Virginia.

The loan seemed to bear fruit, as the Democrats won those elections by a large margin, and they also achieved major victories in ballot box confrontations in the battlegrounds of Georgia and Pennsylvania and in the left-leaning cities of New York and California.

“We cannot win the election or fight against Trump if the DNC scales back its operations as it often does after a presidential cycle,” Ken Martin, chairman of the Democratic National Committee, said in a statement. “I bet that investing early would build power, deliver victories, and mobilize supporters back to the table. That bet is paying off.”

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The Democratic National Committee also highlights that it has raised more money under Martin, who was elected in February, than any chair in the party’s history after nine months in office. The party also highlights that the pace of grassroots fundraising is far ahead of 2017 and 2019, the previous election periods when Democrats did not control the White House.