In defense of their at-risk majority, the Democratic Senatorial Campaign Committee raised a record-breaking $16 million in September, reported the Associated Press.
According to a summary of their September finances released Monday, the committee had more than $25 million in the bank at the start of September, but ended up spending $27 million over the 30-day period. The group had $14 million in their account at the start of October.
Democratic committee chief Guy Cecil says all this spending has helped put the Democrats in a "strong position to hold the majority."
However the six most prominent election models predict the Republican Party taking over the Senate this election.
On the GOP side, the National Republican Senatorial Committee said last week that it raised $15.5 million in September, but did not release data on how much cash it had in the bank, so spending estimates are currently unavailable.
As the Associated Press reported, both committees raised record amounts last month, "underscoring how close the fight for Senate control has become and how much donors are willing to write checks."
"That $29 million advantage has allowed Senate Democrats' political machine to hire staff in crucial races to knock on doors, call voters and help candidates campaign against Republicans," said AP. "It also has allowed them to spend in races that previously were considered off limits, such as the Republican-favored race in South Dakota, where Democrats are now spending $1 million on ads."
Since January 2013, Democrats have raised $127 million, spending close to 90 cents of every dollar raised, while the Republicans have raised only $98 million, and spent about 80 cents per dollar raised.
