DNC Falling Critically Short Of Cash, Just In Time For 2018 Elections

DNC Finances
I guess It's hard to raise money from a base of slacktivist supporters who has never put in an honest day's work in their life...

The Democratic National Party (DNC) continues to fall far behind the Republican National Committee (RNC) in fundraising, and is now hurting more than ever after Hillary Clinton pulled out $800,000 in campaign funds to start a new political activism project.

As noted by The Hill, “The DNC raised $38.2 million in the first half of the year, compared with the Republican National Committee’s (RNC) $75.4 million haul during that period — a $37.2 million difference.”

And because the DNC has a scant $7.5 million in the bank, compared to the GOP’s $5 million, this has left the DNC unable to fully support their candidates.  However, “the DNC’s fundraising woes have not extended to party committees and candidates. On the House side, both the Democratic Congressional Campaign Committee and the National Republican Congressional Committee each raised about $60 million in the first six months of 2017”. But even here, Republicans hold an advantage, with an additional $12 million in cash over the Democrats.

Many Democrats have started to openly complain about the DNC’s weak fundraising numbers, and they are concerned that the current pace will leave them blindside in the upcoming 2018 elections.

“We really should be kicking their asses,” one frustrated Democratic donor lamented, “It shouldn’t even be close, considering all hell is breaking loose on their side.”

Attempting to diagnose the problem, Democratic strategist Christy Setzer advised the party to first work on securing a firm leadership team, “It’s deeply problematic, and it’s because our party leadership has to be dragged kicking and screaming by the base to lead an opposition.”

Several Democrat donors and fundraisers expressed optimism, however, saying it is too early to jump to any dire conclusions. “We all know that the last six months has been a complete rebuild of the party structure with Tom Perez and it seems like they are trying to be very methodical on how they rebuild. So it’s not surprising that their fundraising isn’t as aggressive or advanced right now,” stated a Democratic fundraiser. “What happens six months, nine months, 12 months from now will be a much clearer signal on whether the Democrats are truly in trouble,” he continued. “What happens six months, nine months, 12 months from now will be a much clearer signal on whether the Democrats are truly in trouble,” he added.

However another Democratic fundraiser painted a much more grim picture of the challenges the party faces, “There’s less concern about whether we have the donor base that has the resources and the checkbook to support the effort we need. It’s more about how do we come up with the strategies and the tools to really inspire our donors to give consistently.” And argued, “The goal should be: How do we have a fundraising strategy and infrastructure that doesn’t have to rebuild and reinvent themselves after every cycle and every loss?”

Tom Perez on the other hand expressed, “At the DNC, we are still building up our team, including hiring fundraising staff, and making sure every aspect of our organization is moving in lockstep.” And that, “We’re confident that our team will raise the resources needed as we head into 2018 and beyond.”

Critically falling behind the RNC in the fundraising game is not the only concern of the DNC. The Free Beacon notes that Clinton has transferred $800,000 from her campaign funding to her new political action group, called “Onward Together.” And if history is any guide, Clinton will burn through this money, with nothing to show for it.