The Republican National Committee (RNC) ended 2025 with a significant financial advantage over the Democratic National Committee (DNC) as both parties prepare for the 2026 midterm elections, according to year-end filings with the Federal Election Commission (FEC).
FEC reports covering January 1 through December 31, 2025, show the RNC holding approximately $95 million in cash on hand at the close of the year. The DNC reported roughly $14 million over the same period, creating a gap of about $81 million between the two national party organizations. The disparity is larger when accounting for outstanding liabilities.
During 2025, the RNC raised about $172 million in total receipts, compared with approximately $145 million raised by the DNC, giving Republicans a roughly $27 million fundraising edge for the year. The DNC also reported carrying between $17 million and $17.5 million in debt tied to prior election cycle expenses, placing it in a net negative position heading into 2026.
At the congressional committee level, fundraising totals were more closely matched. The National Republican Congressional Committee (NRCC) reported $117 million in cash on hand at the end of 2025, while the Democratic Congressional Campaign Committee (DCCC) reported about $115 million. After early-year adjustments, both committees began 2026 with roughly similar available resources, with Republicans holding a slight year-end advantage.