"If hemorrhaging money were an Olympic sport, the DNC would easily win the gold after filing yet another terrible FEC report late last night," Michael Ahrens of the Republican National Committee said in an email to supporters after looking at the latest Federal Election Commission filing.
You see, January has produced more unfortunate numbers for the DNC.
INBOX from @GOP (RNC) pic.twitter.com/kBURNCKraa
— Anna Giaritelli (@Anna_Giaritelli) February 21, 2018
When one accounts for debt, the RNC has 23 times as much cash on hand as their counterparts.
The Democrats released its last poor FEC report during President Trump's State of the Union address, perhaps hoping to sweep the bad news under the rug.
The DNC tried to bury their latest FEC #s tonight...
— Michael Ahrens (@michael_ahrens) January 31, 2018
Dec. Raise
RNC 11.1M
DNC 5.2M
2017
RNC 132.5M
DNC 65.9M
COH
RNC 38.8M
DNC 6.3M
Debt
RNC 0
DNC 6.1M (!!)
Heading into 2018, the DNC is less than $200K away from insolvency. https://t.co/ifRY2NYlPD
Meanwhile, the RNC continues to tout its record breaking fundraising. The $132.5 million it raised in 2017 was a record for a non-election year.
The DNC's financial mismanagement surfaced during the 2016 presidential election. In her book "Hacks," former interim chair Donna Brazile details how the staff continually wasted their resources.
Since becoming DNC Chair, Tom Perez has done the committee little favors, and has made the wrong kind of history. Under his leadership, the committee had its worst November in a decade.
This is all especially troubling for the DNC considering the midterms are only eight months away.
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