(Ken Silva, Headline USA) The cash crunch at the Democratic National Committee is so bad that DNC officials are begging their vendors to not to send bills until after the midterm elections, according to the New York Times.
“The bookkeeping maneuver, which was described by three people briefed on it, is the latest sign of financial duress for the Democratic National Committee and its embattled leader as money troubles threaten to undercut Democratic momentum with 100 days until the midterms,” the Times reported Sunday.
The DNC is also reportedly engaging in accounting tricks to make its finances look better. For example, it transferred $1 million that was meant for the 2028 convention to help pay for 2026 expenses.
The Times added that the DNC’s financial duress is causing its chairman, Ken Martin, to lash out at employees. At one point earlier this month, Martin reportedly threw his phone at the desk of a junior aide while criticizing the person.
The DNC declined to comment on the matter, while its executive director told the Times that the bill-deferral discussions were “nothing more than standard negotiations with vendors over contracts and payment processes.”
The DNC is reportedly $2 million in debt, while the Republican National Committee has $128.5 million in cash.
The DNC’s financial situation stems from its disastrous 2024 election performance. The Kamala Harris presidential campaign spent $1.5 billion—or roughly $100 million per week—only to lose in a landslide.
It wasn’t just the Harris campaign’s loss that has donors sour on the DNC. It was the foolish expenditures. The Times reported last year that Harris spent $12 million on polling, which was apparently necessary because incumbent President Joe Biden didn’t do any of that for her.
“Though Ms. Harris had been on the ticket from the start, her advisers discovered that the Biden operation had done virtually no research on her strengths and weaknesses,” the Times reported.
“Other major costs, according to records and campaign officials, included $111 million in online ads seeking donations, at least $100 million transferred to battleground-state parties, $70 million on mail and nearly $28 million to produce the merchandise that people were ordering,” the Times added.
Ken Silva is the editor of Headline USA. Follow him at x.com/jd_cashless.
