The Dems Are ‘DEAD BROKE’ …But We’re Rolling In The Dough
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February 3, 2018Dems are bad with money… SHOCKER.
The libs are aaaall about “RESISTING,” right?
Any common sense would make it obvious that their best course of action is to heavily fundraise (and donate) towards upcoming elections. Their best bet for “resisting” is electing Democrats in the 2018 midterms, and then in the 2020 presidential election.
They seem to think wearing vagina hats and screaming in the streets is a better course of action.
Go ahead and keep thinking that, Dems. This is working out quite nicely for us.
The Democratic National Committee had a rough 2017, plagued by leadership troubles, internal squabbling, and unflattering reports. To top it off, the party ended the year “dead broke,” says The Intercept’s Ryan Grim.
The Democratic Party is carrying more than $6 million in debt, according to year-end filings — and has just $6.5 million in the bank. Do the math, and the party is working with just over $400,000 overall. Meanwhile, the Republicans are swimming in pools of money. The Republican National Committee had raised $132 million by the end of 2017 — about twice as much as the DNC — and entered 2018 with almost $40 million to spare, with not a penny of debt.
And thus ends the DNC’s year of pain.
FEC December
DNC
Rcpt $5.21M ($65.9M YTD)
Expn $4.98M ($69.9M YTD)
COH $6.53M
Debt $6.1M
COH – Debt $422,582RNC
Rcpt $11.1M ($132.5M YTD)
Expn $12.1M ($119M YTD)
COH $38.8M
Debt $0
COH – Debt $38,818,629 pic.twitter.com/VBydAbcUTz— Rob Pyers (@rpyers) February 1, 2018
HAHAHAHAHA.
The Democrats are DEAD BROKE….The Republicans don’t owe a DIME. Sounds about right.
Soon they’ll start demanding the Republicans fork over their money.
The DNC’s rebuttal, The Washington Post reports, is that they raised more money in 2017 than they have in previous non-election years and were operating at something of a disadvantage given the “rebuilding job” undertaken by first-year chairman Tom Perez. While the DNC claims it is not borrowing money to pay the bills, Grim notes that the party would be operating at a financial loss if not for its borrowing.
Sooo…. Tom Perez sucks at managing a budget? Is that their rebuttal?
Dems are bad with money. THIS IS MY SHOCKED FACE.
