General Discussion

Overall, the figures, submitted to the Federal Election Commission as part of its year-end filling requirement, show the GOP nationally with a sizable financial advantage, with the Republican National Committee closing out 2025 with just over $95 million cash on hand compared to the Democratic National Committee’s $14 million and $17.5 million in debt and loans owed. But a closer look at the fundraising for each party’s main House and Senate campaign arms and the individual key races expected to decide control of the upper chamber paint a more nuanced picture.

When it comes to the House, where Republicans this November are hoping to hold their very slim majority, the two parties’ campaign arms posted similar figures. The National Republican Congressional Committee brought in about $117 million to end 2025 with more than $50.5 million cash in the bank, according to the FEC, while the Democratic Congressional Campaign Committee raised about $115 million for the year and closed it out with just over $49 million on hand.

On the Senate side, the main campaign arm for Democrats closely trailed its Republican equivalent in money raised but ended the year with a slight advantage in cash on hand. The Democratic Senatorial Campaign Committee raised just under $80 million and closed out the year with more than $21.5 million in the bank. The National Republican Senatorial Committee took in about $88 million and ended 2025 with about $19 million in the bank.

On an individual level, Democratic candidates held edges to start the year in a couple of contests considered key to determining which party controls the lower chamber next year.