Nine months before critical midterms where Democrats are defending a record number of Senate seats, the national party is falling deeper into debt.
The Democratic National Committee (DNC) took out a $1.7 million loan in February, pushing their total debt to more than $6 million, according to recent Federal Election Commission filings.
Meanwhile, the party’s fundraising efforts yielded around half the total amount as the Republican National Committee (RNC). The DNC brought in $6.9 million in February, while the RNC raised $12.8 million.
The national Democratic arm has just over $10 million cash on hand, The Republican’s will likely need the vast amounts of cash heading into the midterms, which are historically unfavorable to a new president’s party.
More
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
5 comments:
Considering the quality of the big ticket items they put out, I wouldn't lend them a penny.
Mainstream media been touting they have record amounts of money,lies again.
I saw that too on CNN . Rolling in cash ,never taken in so much money in small donation. Its beyond a lie. Active political indoctrination by news organization.
The fat failure spent it all. If there was any left she stole it.
the have about 10 million and they owe about 7 million so why don`t they pay off their debts?
Post a Comment