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n2doc

(47,953 posts)
Sat Aug 29, 2015, 03:32 PM Aug 2015

The Democratic National Committee barely has more cash than it does IOUs

MINNEAPOLIS (AP) — The Democratic National Committee barely has more cash than it does IOUs, and it is being outraised month after month by its Republican competitor.

Its $24 million debt from the 2012 presidential election, only recently paid down, has squeezed investments in the next White House race. Underdeveloped party resources such as voter data files could become a serious disadvantage for the eventual nominee, particularly if that person is not front-runner Hillary Rodham Clinton, who would enter a general election contest with her own outreach network.

Those fundraising realities are top of mind as Democratic officials, donors and activists meet Thursday through Saturday in Minneapolis. Clinton, Vermont Sen. Bernie Sanders, former Maryland Gov. Martin O’Malley and former Sen. Lincoln Chafee of Rhode Island are scheduled to speak to attendees Friday.

Federal Election Commission reports tell a disappointing story for the party: The DNC collected $36.5 million in the first six months of the year and had almost no money in special accounts, including one designated for its convention. It had about $7.6 million in available cash and $6.2 million in debts and loans.

more
http://wthitv.com/ap/democratic-party-lags-in-money-before-presidential-year/

It has to be asked, is DWS a Republican mole?

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The Democratic National Committee barely has more cash than it does IOUs (Original Post) n2doc Aug 2015 OP
Republican mole? No, just a mole that needs excised 4139 Aug 2015 #1
oh please DURHAM D Aug 2015 #2

DURHAM D

(32,610 posts)
2. oh please
Sat Aug 29, 2015, 03:38 PM
Aug 2015

If you don't like DWS call the WH. She serves at the pleasure of the President.

As for money, the DNC is no longer expected to raise much money. Welcome to the 21st century.

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