The Democratic National Committee has suffered months of horrible fundraising. Things have gotten so bad that they are now taking loans and going into serious debt. The liberal media keeps talking about a blue wave that is coming in the midterms this fall. Who is going to finance it?
The Daily Caller reports:
Dems Borrow Nearly $2 Million Nine Months Before Midterms
Nine months before critical midterms where Democrats are defending a record number of Senate seats, the national party is falling deeper into debt.
The Democratic National Committee (DNC) took out a $1.7 million loan in February, pushing their total debt to more than $6 million, according to recent Federal Election Commission filings.
Meanwhile, the party’s fundraising efforts yielded around half the total amount as the Republican National Committee (RNC). The DNC brought in $6.9 million in February, while the RNC raised $12.8 million.
The national Democratic arm has just over $10 million cash on hand, The Republican’s will likely need the vast amounts of cash heading into the midterms, which are historically unfavorable to a new president’s party.
Democrats and their media allies have been rallying the far left for months while largely ignoring their party’s cash flow problem. How are Democratic voters going to react when this reality finally sets in?