DNC Takes On Additional $160k in Debt

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The Democratic National Committee is acting consistently with their Party’s principles and continuing to add massive amounts of debts to their books.

In February the DNC took on $2 million in debt, bringing their total debt to $6.1 million.

The numbers were just released for March, and they haven’t gotten any better for Democrats. According to the Daily Caller:

The Democratic National Committee (DNC) reported more than $162,000 in additional debt in an amended FEC report filed this week.

The DNC originally reported $6.1 million in debt in its March 2018 FEC report filed on March 20 but amended that report on Monday to include an additional $162,368.64 in debt, bringing the DNC’s total debt to just under $6.3 million.

The fundraising scorecard for 2017 was as follows:

RNC nearly doubled the DNC: $132.5M raised vs. $65.9M
RNC has four times more cash on hand than the DNC
RNC has $38.8M net cash, DNC has $423K

Think the same trend will continue this year? That’s where things are already headed.

The RNC has fundraised $157.7 million so call this year and has $42.4 million in cash on hand. By contrast, the DNC has raised just $79 million in total fundraising over the same period, and just $10.1 million in cash on hand.

DNC Chair Tom Perez’s explanation for why they needed to take on debt was that Republicans simply “have more rich donors.” It’s a particularly funny explanation, because a larger percent of the RNC’s donation’s have been small donations. In other words, the RNC is out-raising the DNC, while receiving less money per donor on average.

That’s not his only lie about the DNC’s fundraising. Back in March, he claimed that the DNC raised “raised more money in January 2018 than in any previous January.”

In reality, the DNC raised $6 million in January, far below what they raised in January 2014 ($6.6 million), January 2012 ($13.2 million), January 2011 ($7.1 million) and January 2010 ($9.1 million).

Is the DNC a sinking ship? Let us know your thoughts in the comments section below. 

43 thoughts on “DNC Takes On Additional $160k in Debt”

  1. The loosing the white house, lost all the extra income from bribes, graft, skimming, un explained accounts, no more paid parties at citizens expense, even the pandering has cut back: and how will they survive if they don’t get the reins to the countries coffers and control all the spending, some might have to start living on their income!

  2. The loosing the white house, lost all the extra income from bribes, graft, skimming, un explained accounts, no more paid parties at citizens expense, even the pandering has cut back: and how will they survive if they don’t get the reins to the countries coffers and control all the spending, some might have to start living on their income!

  3. The loosing the white house, lost all the extra income from bribes, graft, skimming, un explained accounts, no more paid parties at citizens expense, even the pandering has cut back: and how will they survive if they don’t get the reins to the countries coffers and control all the spending, some might have to start living on their income!

  4. After 8 years of what the Democrats under oliar did to the country I pray that they never get the chance to destroy the US again. They are hateful, cheating liars. They weaponized the FBI, the IRS and other agencies to try to get a win. The country deserves better. Please Republicans and Conservtives need to get out and vote in the midterms or they could potentially take back the House or Senate. If that happens they will obstruct even more of Trumps plans to better the country. #NoMoreDemocrats2018 #VoteRightToSaveAmerica.

  5. After 8 years of what the Democrats under oliar did to the country I pray that they never get the chance to destroy the US again. They are hateful, cheating liars. They weaponized the FBI, the IRS and other agencies to try to get a win. The country deserves better. Please Republicans and Conservtives need to get out and vote in the midterms or they could potentially take back the House or Senate. If that happens they will obstruct even more of Trumps plans to better the country. #NoMoreDemocrats2018 #VoteRightToSaveAmerica.

  6. Easily explained: They haven’s been able to put their “OARS in the WATER” since LBJ bilked & milked our Country! The more than can HIDE, the cockier they GET! Even a blind squirrel can sometimes find a nut, and the clock shows the right time twice a day even without batteries! Seems our President is finding a “whole bunch” of nuts even WE, who FINANCES them can’t believe!

  7. Easily explained: They haven’s been able to put their “OARS in the WATER” since LBJ bilked & milked our Country! The more than can HIDE, the cockier they GET! Even a blind squirrel can sometimes find a nut, and the clock shows the right time twice a day even without batteries! Seems our President is finding a “whole bunch” of nuts even WE, who FINANCES them can’t believe!

  8. One can only wish the dems would sink. One can only wish the dems would go away. One can only wish there was no more democrat party. One can only wish these poor misguided (change agents who really know what they’re doing) liberal leftists would “see the light!” I keep praying that God will open their hearts and eyes to the evil they are helping to promote before it’s too late!

  9. One can only wish the dems would sink. One can only wish the dems would go away. One can only wish there was no more democrat party. One can only wish these poor misguided (change agents who really know what they’re doing) liberal leftists would “see the light!” I keep praying that God will open their hearts and eyes to the evil they are helping to promote before it’s too late!

  10. Perez forgets that his party lost a huge donor in July of 2017. Tom Steyer, who,spent 87 million dollars on Hillary Clinton to win said he will not continue to support them if the DNC does not change their way of thinking with reference to winning elections. He’s now a Bernie Sanders backer. Every other word out of this hedgefunder’s mouth is progressive. By the way Mr. Perez, in a Forbes magazine Article dated Feb 26, 2016 the author wrote about how 39% of the nations wealthiest donors were backing Democrats more than republicans in the election. He also states that the numbers of new millionaires and billionaires are liberals associated with Silicon Valley industries. So I guess Perez, known for fake news is at it again. Rather than admit they chose the wrong men to lead their party, the Dems will go down in flames not willing to admit their choices were wrong.

  11. “DNC Takes On Additional $160k in Debt”

    Not to worry, Dems; I’m sure Hillary or Soros will float a loan for ya. $160,000 is nothing compared to the millions you threw away on that fake Trump dossier.

  12. “DNC Takes On Additional $160k in Debt”

    Not to worry, Dems; I’m sure Hillary or Soros will float a loan for ya. $160,000 is nothing compared to the millions you threw away on that fake Trump dossier.

  13. True that Ted. I am NOT a proud Republican, but tried to go elsewhere (Constitutional party, American Party, American Independent Party) and here I am back again. Unfortunately, you can’t get anything accomplished anywhere else. Would love for someone to come up with a plan to rid us of all the Rhinos and change agents embedded in the Republican Party. It’s been a true SORE spot for a long time.

  14. True that Ted. I am NOT a proud Republican, but tried to go elsewhere (Constitutional party, American Party, American Independent Party) and here I am back again. Unfortunately, you can’t get anything accomplished anywhere else. Would love for someone to come up with a plan to rid us of all the Rhinos and change agents embedded in the Republican Party. It’s been a true SORE spot for a long time.

  15. True that Ted. I am NOT a proud Republican, but tried to go elsewhere (Constitutional party, American Party, American Independent Party) and here I am back again. Unfortunately, you can’t get anything accomplished anywhere else. Would love for someone to come up with a plan to rid us of all the Rhinos and change agents embedded in the Republican Party. It’s been a true SORE spot for a long time.

  16. The only thing that could make this news better would be if “Republicans” in Congress were all conservatives who support the president. Instead, just a very small minority do.

  17. The loosing the white house, lost all the extra income from bribes, graft, skimming, un explained accounts, no more paid parties at citizens expense, even the pandering has cut back: and how will they survive if they don’t get the reins to the countries coffers and control all the spending, some might have to start living on their income!

  18. After 8 years of what the Democrats under oliar did to the country I pray that they never get the chance to destroy the US again. They are hateful, cheating liars. They weaponized the FBI, the IRS and other agencies to try to get a win. The country deserves better. Please Republicans and Conservtives need to get out and vote in the midterms or they could potentially take back the House or Senate. If that happens they will obstruct even more of Trumps plans to better the country. #NoMoreDemocrats2018 #VoteRightToSaveAmerica.

  19. Easily explained: They haven’s been able to put their “OARS in the WATER” since LBJ bilked & milked our Country! The more than can HIDE, the cockier they GET! Even a blind squirrel can sometimes find a nut, and the clock shows the right time twice a day even without batteries! Seems our President is finding a “whole bunch” of nuts even WE, who FINANCES them can’t believe!

  20. One can only wish the dems would sink. One can only wish the dems would go away. One can only wish there was no more democrat party. One can only wish these poor misguided (change agents who really know what they’re doing) liberal leftists would “see the light!” I keep praying that God will open their hearts and eyes to the evil they are helping to promote before it’s too late!

  21. Perez forgets that his party lost a huge donor in July of 2017. Tom Steyer, who,spent 87 million dollars on Hillary Clinton to win said he will not continue to support them if the DNC does not change their way of thinking with reference to winning elections. He’s now a Bernie Sanders backer. Every other word out of this hedgefunder’s mouth is progressive. By the way Mr. Perez, in a Forbes magazine Article dated Feb 26, 2016 the author wrote about how 39% of the nations wealthiest donors were backing Democrats more than republicans in the election. He also states that the numbers of new millionaires and billionaires are liberals associated with Silicon Valley industries. So I guess Perez, known for fake news is at it again. Rather than admit they chose the wrong men to lead their party, the Dems will go down in flames not willing to admit their choices were wrong.

  22. Dave In Arizona

    “DNC Takes On Additional $160k in Debt”

    Not to worry, Dems; I’m sure Hillary or Soros will float a loan for ya. $160,000 is nothing compared to the millions you threw away on that fake Trump dossier.

  23. The only thing that could make this news better would be if “Republicans” in Congress were all conservatives who support the president. Instead, just a very small minority do.

    1. True that Ted. I am NOT a proud Republican, but tried to go elsewhere (Constitutional party, American Party, American Independent Party) and here I am back again. Unfortunately, you can’t get anything accomplished anywhere else. Would love for someone to come up with a plan to rid us of all the Rhinos and change agents embedded in the Republican Party. It’s been a true SORE spot for a long time.

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