The 2020 Democratic presidential primary will be wrapping up in 17 months, but their fundraising numbers suggest they may have some trouble funding the contest. The Republican National Committee shared the newest Federal Election Commission statistics on Thursday, which reveal the DNC is "still in no position to provide him or her with a strong political or data infrastructure for the general election."
The Democrats have $6.5 million, but are $5.7 million in debt, according to FEC filings. The RNC summarized the "bottom line" for their counterpart.
Bottom Line: Good data for the general costs money. A good field program for the general costs money. But those are an afterthought when you have to worry about defeating 20+ other Democrats in the primary.
The RNC’s haul is our best January in a non-election year. More than 3X as much came from small-dollar donors as from high-dollar donors. Furthermore, our joint fundraising committee with the Trump campaign had 4, seven-figure online fundraising days since the start of 2019.
DNC Chair Tom Perez, who took over in 2017, has done little to address the committee's financial woes besides pointing the finger at his predecessors. Yet, he's overseen some of the "worst" months in the party's history.
Meanwhile, the RNC boasted $15.7 million in January, with $0 in debt.
"So as DNC Chair Tom Perez enters his third year of apologizing over fundraising woes, RNC Chair Ronna McDaniel is still breaking records to ensure Republicans up and down the ballot have the resources to win in 2020."
This is an ongoing trend with the Democrats. Last year, Matt noticed that the DNC surreptitiously released their abysmal FEC filings during President Trump's State of the Union address.