
The DNC’s cash crunch deepens as new filings show Republicans with a huge advantage
CNN
The Republican Party’s main fundraising arm has nearly five times the cash on hand of its Democratic rival, new campaign reports show, underscoring the troubles faced by the Democratic National Committee and its embattled chairman, Ken Martin.
The Republican Party’s main fundraising arm has nearly five times the cash on hand of its Democratic rival, new campaign reports show, underscoring the troubles faced by the Democratic National Committee and its embattled chairman, Ken Martin. The RNC entered June with about $72.4 million in cash reserves, nearly five times the $15 million stockpiled by the DNC, as the two parties gear up for gubernatorial races this fall and next year’s costly midterm elections for Congress. The wide gap – revealed late Friday in filings with the Federal Election Commission – follows a tumultuous few months for Martin and the DNC that included a public feud with the party’s former vice chair. The party’s cash crunch is serious enough that party officials have weighed seeking a line of credit to help it stay afloat, a development first reported by The New York Times. Earlier this week, two union leaders who were longtime DNC members resigned from the party’s leadership, shortly after vice chair David Hogg departed his post following months of acrimony with Martin. Democratic fundraisers interviewed by CNN say the string of bad news has undermined Martin and the DNC at a time when Democrats need a forceful voice to counter President Donald Trump and the Republicans who control all the levers of power in the federal government. One current DNC member said Democrats need be more “aggressive” on messaging and increase coordination between Democrats’ legal and political strategies. To fundraise, they said, Democrats need to be clear about what message the money is promoting.






