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The Democrats' campaign committee notched a $9 million edge over Republicans in first-quarter donations for House races. But that cash advantage is unlikely to have much effect on the outcome of the 2014 midterms.

The Democratic Congressional Campaign Committee raised more money than its GOP counterpart in the first quarter of 2014. The DCCC, which focuses on funding for House candidates, pulled in $23.6 million from January through March, while the National Republican Congressional Committee took in $21.2 million, according to Federal Election Commission records.

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Peter Grier is The Christian Science Monitor's Washington editor. In this capacity, he helps direct coverage for the paper on most news events in the nation's capital.

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That leaves the DCCC with a cash-on-hand pile of about $40 million, clear of debt. The NRCC has about $31 million ready for use in its bank accounts.

The Democratic Congressional Campaign Committee raised more in March than any other committee and more than any other [election-cycle] March in the DCCCs history, crowed a committee press release.

Yes, but will this financial advantage help Democrats curtail GOP gains in November? Thats the $9 million political question of the day.

Having money is better than not having it, so in that sense its understandable that the DCCC is emphasizing the positive. But in the end, this edge is unlikely to play more than a minor role in the outcome of the 2014 midterms.

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House Democrats raise more cash than GOP, but that alone can't save them

House Democrats campaign arm slightly outraised its Republican counterpart last month, pulling in $10.3 million, compared with Republicans $9.9 million.

The two committees have been nearly neck-and-neck in recent months, with Republicans lagging slightly behind. For the first three months of the year, the Democratic Congressional Campaign Committee raised $23.6 millionabout $2 million more than the National Republican Campaign Committee.

Democrats have a more substantial advantage in terms of spending money. The DCCC had $40.2 million in the bank as of March 31, while the NRCC had $31.2 million. Neither committee has any debt.

These numbers come as House Democratscontinue to lead the money chasein the most-contested 2014 House elections, a Wall Street Journal review of fundraising reports of the top candidates in 54 House contests found. Democratic candidates in those races outraised Republicans by about $1 million in the first three months of the year. But a look at fundraising reports at the end of 2013 shows the fundraising gap between the two parties is beginning to narrow: At the end of 2013, Democrats in the same competitive House races had outraised Republicans by more than $10 million.

Despite Democrats consistent fundraising advantage, the party has weak prospects for retaking the House in November. Democrats would need a net gain of 17 seats to claim a House majorityan unlikely prospect.

Senate Democrats campaign arm announced last week thatit had also outraisedits Republican counterpart, by a margin of $1.8 million.

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House Democrats Campaign Arm Outraises Rival

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House Democrats campaign arm slightly outraised its Republican counterpart last month, pulling in $10.3 million, compared with Republicans $9.9 million.

The two committees have been nearly neck-and-neck in recent months, with Republicans lagging slightly behind. For the first three months of the year, the Democratic Congressional Campaign Committee raised $23.6 millionabout $2 million more than the National Republican Campaign Committee.

Democrats have a more substantial advantage in terms of spending money. The DCCC had $40.2 million in the bank as of March 31, while the NRCC had $31.2 million. Neither committee has any debt.

These numbers come as House Democratscontinue to lead the money chasein the most-contested 2014 House elections, a Wall Street Journal review of fundraising reports of the top candidates in 54 House contests found. Democratic candidates in those races outraised Republicans by about $1 million in the first three months of the year. But a look at fundraising reports at the end of 2013 shows the fundraising gap between the two parties is beginning to narrow: At the end of 2013, Democrats in the same competitive House races had outraised Republicans by more than $10 million.

Despite Democrats consistent fundraising advantage, the party has weak prospects for retaking the House in November. Democrats would need a net gain of 17 seats to claim a House majorityan unlikely prospect.

Senate Democrats campaign arm announced last week thatit had also outraisedits Republican counterpart, by a margin of $1.8 million.

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House Democrats Campaign Arm Outraised Rival in March