Tuesday, November 24, 2020

Tag: Wall St- Moves to Consolidate Power Over Democrats as the DNC Posts Disastrou…

Wall St. Moves to Consolidate Power Over Democrats as the DNC Posts Disastrous Fundraising Numbers

by Michael Krieger, Liberty Blitzkrieg:
Poor fundraising by the Democratic National Committee (DNC) has been a reality for much of this year, and the trend continued in June. The Hill reports:

The Democratic National Committee (DNC) added $200,000 to their now $3.3 million debt in June, according to the most recent Federal Election Commission report, falling further behind Republican fundraising efforts.  

The Republican National Committee (RNC) outpaced the Democrats in fundraising in June by over $8 million, raising a staggering $13.5 million compared to the DNC’s $5.5 million. 

Unlike the Republican debt-free committee, the DNC typically goes into debt during election seasons, but it currently remains far behind the GOP financially.