Fund-raising Blues: DNC remains in debt as it competes with Obama group for donors

October 4, 2013

Barely more than a year before the 2014 midterm elections, the Democratic National Committee is struggling to pay off debt and rebuild its war chest while competing for donations with Organizing for America, the Web-based political group created from the remnants of President Obama’s re-election organization.

Since the 2012 presidential campaign, which cost almost $7 billion and was the most expensive in history, the DNC has been struggling with a debt load that stands at more than $18 million.

The Republican National Committee, meanwhile, has no debt and about $13 million cash on hand. On virtually every major benchmark — cash on hand, debt and money raised to date — the RNC is outperforming the DNC.

DNC press secretary Michael Czin said results of the 2012 election, which kept Democrats in control of the White House and the Senate, were worth the red ink. “We’re proud of what we did last year and we would do it again. With the result we had, we’d be crazy not to,” Mr. Czin said.

Some observers, however, are wondering whether the DNC debt could hurt Democrats in the midterm election campaigns — particularly if the DNC is losing donors to Mr. Obama’s Organizing for America.

1 Comment - what are your thoughts?

  • culper355 says:

    They’re “proud” to be corrupt having “won” by voter fraud and other forms of cheating. This is why these people fight “VOTER ID LAWS” so much. Everyone should get an large X written by sharpie pen after their vote on the back of their hand. Maybe then the dingy harry’s and botox nan would not get the vote!

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep the Fake News Media in check.

Don’t let the MSM censor your news as America becomes Great Again. Over 500,000 Americans receive our daily dose of life, liberty and pursuit of happiness along with Breaking News direct to their inbox—and you can too. Sign up to receive news and views from The 1776Coalition!

We know how important your privacy is and your information is SAFE with us. We’ll never sell
your email address and you can unsubscribe at any time directly from your inbox.
View our full privacy policy.