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Friday, June 14, 2019

'Disorganized' DNC Dives Deeper In Debt As WikiLeaks Bombshells Haunt Party

The Democratic National Committee is once again in financial distress, and it could have a big impact on the 2020 election according to Bloomberg. In the first four months of 2019, the party outspent its contributions - tacking on $3 million in new debt as donor enthusaism has all but dried up.

"It’s trouble, it’s going to affect us," said Cincinnati-based Democratic bundler Allan Berliant, who says the party needs to open offices nationwide and get people mobilized.

"All of that starts with fundraising," Berliant added.
By the end of April, the DNC had collected contributions of more than $24.4 million, but had spent $28.4 million, according to the latest disclosures. It had $7.6 million cash on hand, $1 million less than in January. It posted $6.2 million in debt, including bank loans and unpaid invoices to vendors, Federal Election Commission records show.

That compared with the Republican National Committee, which thanks in part to Trump’s non-stop fundraising since winning the White House had $34.7 million in the bank and no debt. It raised nearly $62 million so far this year, two-and-a-half times the DNC’s haul. -Bloomberg
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6 comments:

  1. Julian asange I hope your people release ALL info on the DemocRAT party.

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  2. This is where Democrats learn to spend more money than what's in the kitty. They are experts by the time any of them get elected.

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  3. Their socialist ways aren’t working well for them.

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  4. If Republicans win back the house and keep the senate they will have to produce results in the things they are promising to do. They have said they will build the wall, deport ALL illegals, eliminate Obama care and institute healthcare laws that would allow people to purchase health insurance across state lines, cut off all federal aid to so called sanctuary cities and states and many other common sense issues conservative Americans want dealt with. A very important issue is the protection of the electoral college system.

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  5. Well the DNC not only has little in the coffers, they have little in the 2020 race. Candidates are posturing to see who to pander to and just how far left they are willing to go. They claim Trump is soulless, these candidates have long since sold their souls touting infanticide, socialism, and untethered spending.

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