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Tipsheet

The DNC Had Another Terrible Fundraising Month

The DNC Had Another Terrible Fundraising Month

The Democratic National Committee is still in debt, and another month of terrible fundraising isn’t helping them get out of it. 

Just three months ago DNC Deputy Chair Keith Ellison promised they’d have “some really good reports to share in the weeks to come” but judging by October’s numbers, that hasn’t happened yet.

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According to the most recent filings with the Federal Elections Commission, the DNC brought in $3.9 million last month, bringing their total so far this year to $55 million. They have $5 million cash-on-hand and have a debt of $3.2 million.

The Republican National Committee on the other hand fared much better, raising $9.2 million during the same month for a total of more than $113 million so far this year. They have $42.5 million cash-on-hand with zero debt. 

The RNC’s rapid response director Michael Ahrens noted that this is the quickest the RNC has ever raised $113 million in a non-presidential year. Most of what was raised—60 percent—came from small donations (under $200).

“This wide ranging small donor support is about one thing and one thing only,” said RNC Finance Chairman Steve Wynn. “The Republican Party stands for more jobs and keeping more of your paycheck. The jobs and the paycheck are what matter and that’s what we are about. That’s why we are getting the support and why we’re going to continue to win.”

“Another month of strong fundraising shows great enthusiasm among voters for President Trump and his agenda,” said RNC Chairwoman Ronna McDaniel. “That’s why we need to continue to work hard to support his vision for the American people, including tax cuts for the middle-class.”

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