Chairman Jerry Moran has overseen the group’s best haul so far this election cycle. | AP Photo NRSC raised $4.62 million in January

The National Republican Senatorial Committee raised $4.62 million in January, a source told POLITICO, the group’s best haul so far this election cycle.

NRSC officials plan to announce that they have more than $10 million cash on hand and no debt.


The Democratic Senatorial Campaign Committee has not yet announced its January fundraising amount. The deadline is Thursday. The DSCC ended December with $12 million cash on hand but $3.75 million in debt.

( POLITICO's full coverage of the 2014 elections)

The NRSC’s haul comes after it just barely edged out the DSCC in December, $4.02 million to $4 million.

The Republican committee was outraised by $16 million in 2013, but party leaders say they now benefit from increasing donor confidence that the GOP can pick up the six seats it needs to win back the Senate.

President Barack Obama has committed to at least six DSCC fundraisers in 2014. The first two are expected to be held in New York and Washington in the next few weeks.