The House Republican Campaign Committee has raised $31.2 Million for the 1st Quarter .. Democrats $40 Million

The House Republican campaign committee raised almost $10 million in March and has $31.2 million banked to defend the party's majority, according to financial reports filed Sunday. 

The National Republican Congressional Committee's $21.2 million fundraising haul in January, February and March gave the group its best first-quarter showing since 2003. It also puts the committee roughly $8 million ahead of its fundraising at this point in 2012. 

Still, the GOP committee faces a well-funded challenge from House Democrats, who amassed a $40 million fund.

Those fundraising updates -- like dozens of others due by midnight Sunday -- suggest that donors are starting to open their wallets for groups willing to spend hundreds of millions of dollars on federal races from coast to coast. The fundraising was fast approaching the $1 billion mark, fueled by donors on each side writing checks to committees and organizations in a show of just how politically divided the United States remains.

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