As candidates in both parties vie for the support of donors who keep their campaigns viable, party leaders are likewise in a never-ending pursuit of capital. According to an exclusive report by Breitbart this week, one party is clearly leading that effort.
In a comparison of party expenditures over the last several months, the Democrat National Committee showed a net loss while its GOP counterpart remained squarely in the black.
They run their party the same way they like to run the country! -> The DNC Is Broke – Breitbart https://t.co/dnblc83ezO
— Infidel David (@Dcoxboomer) November 23, 2015
As a recent example, the DNC in September came up more than $1.2 million short of meeting its $5.25 million in expenditures. Overall, the committee reportedly has nearly $7 million in debt and just $4.7 million in cash on hand.
Contrasting the party’s current situation with the same period leading into the 2012 presidential election, the facts look even grimmer. The DNC’s November 2011 report to the Federal Election Commission showed a party with more than $11 million in cash on hand.
A particularly vibrant primary season for Republicans has coincided with a much more optimistic outlook for the Republican National Committee. With less than $2 million in debt, the party has a reserve of more than $20 million in cash on hand.
Not only has the RNC spent the last 10 months taking in more cash than Democrats, GOP leaders have also been able to spend more than the DNC over the same period.