The Democratic National Committee tried to get this news under the radar, releasing it during President Trump’s State of the Union speech, but here it is: the Democratic National Committee is nearly broke.
Look at the figures: the Republican National Committee raised twice as much money in 2017; the RNC had no debt while the DNC was $6.1 million in debt with only $6.3 million in cash on hand.
As Ed Morrissey of HotAir points out, this report indicates a huge problem; because if the DNC is failing, the Democrats need a get out the vote campaign, but if they leave that to the individual campaigns, that could be troublesome because they don’t have the resources of the DNC, which can implement its own data crunching.
Former Democratic National Committee Chairwoman Donna Brazile revealed last November that when she took over from Debbie Wasserman Schultz in July 2016, Gary Gensler, the chief financial officer of Hillary Clinton’s campaign, told her the Democratic Party was broke and $2 million in debt.
After a year of being run by Tom Perez and Keith Ellison, the DNC is in even worse straits.