The Democrats Are Having Major Fundraising Woes

  • 08/17/2017
  • Source: The Hill
  • by: Ben Kamisar and Amie Parnes
The Democrats Are Having Major Fundraising Woes
By United States Senate [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons
Months of post-election malaise hamstrung the Democratic National Committee’s (DNC) fundraising over the first six months of 2017, creating a serious money gap with Republicans and raising questions about Democrats’ ability to take advantage of opportunities in the 2018 midterms. 

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. As of June 30, the RNC has almost $45 million in the bank, while the DNC has just under $7.5 million, along with $3 million in debt.

Many Democrats are frustrated by the sluggish fundraising pace, which comes even as President Trump's sagging approval rating drives Democratic outrage across the country.They're also concerned about the implications of being financially outgunned ahead of a pivotal midterm election, where Democrats will attempt to take the House while defending a number of Senate seats."We really should be kicking their asses," one longtime Democratic donor said. "It shouldn't even be close, considering all hell is breaking loose on their side."
 Source: The Hill
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