It’s no secret the Democrat National Committee has been struggling since the 2016 presidential election, when former Chairwoman Debbie Wasserman-Schultz rigged the primary in favor of two-time loser Hillary Clinton, to raise money ahead of the 2018 midterms.
But the red ink for current DNC Chair Tom Perez keeps getting deeper. The DNC is $6 million in debt and according to FEC records, just took out another $2 million loan to keep daily office activities operational.
Meanwhile, the RNC is still smashing fundraising records with Chairwoman Ronna Romney McDaniel at the helm.
The RNC raised $12.8 million in February and $157.7 million overall in the 2017-2018 cycle. It is a record for a non-election year.
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