Democrats paid a heavy price to win control of the House of Representatives, going $18 million into debt for the election.
The Democratic Congressional Campaign Committee went into the red despite raising $272 million for the 2018 election, in which its heavy spending helped flip at least 39 House seats to Democrats.
A source with knowledge of the group's finances confirmed the debt figure to NBC News.
The GOP's counterpart group also spent heavily on House races, ending the election cycle $12 million in debt, a spokesman for the National Republican Congressional Committee confirmed.
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4 comments:
The debt is owed to their bosses. The financiers of the campaigns. The writers of the bills which then become laws. So on
Think: Obamacare
Soros and Steyer will bail them out.
They will raise taxes to cover it.
Chump change by some standards.
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