The Democratic Party Has A Serious Cash Flow Problem

Democrats are hoping for a “blue wave” election next fall. But it might be difficult for them to win elections if they have no cash on hand to run campaigns. With new DNC chair Tom Perez, they find themselves in a very tricky situation.

Vice News reports:

The DNC promised $10M to rebuild state parties. It has not delivered

Last July, eight months after the Democratic Party experienced one of its most devastating defeats in history, DNC chairman Tom Perez announced an “unprecedented” rebuild of the party from the ground up with a $10 million fund dedicated to state parties. That fund could provide hundreds of thousands of dollars to each state party, an enormous sum for often cash-strapped organizations.

That money hasn’t arrived.

In fact, the DNC didn’t even have $10 million on hand as of November 30 and declined to comment on whether it had the money now. And even if it did, it wouldn’t distribute the money right away, frustrating state party officials who are anxious about the coming midterm elections and describe the effort to rebuild as slow and halting.

“What our fear is, is that no matter how high this wave is in 2018, that we won’t have the ability to take advantage of that and win governors races, congressional races, and state legislative races that would normally be out of reach but could be competitive,” Ray Buckley, the chair of the New Hampshire Democratic Party, who ran for DNC chairman against Perez last year, told VICE News.

It looks like their “unity tour” didn’t work out so well.

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