Oh, So That's What The DNC Tried to Bury During Trump's State Of The Union
The RNC has no debt and almost $40 million cash on hand.Another area of heartburn could be the Democratic Party’s rather atrocious fundraising hauls. Filed during the State of the Union in the hopes of getting buried, Ken Vogel of The New York Times picked it up where he noted the Democratic National Committee had raised a little over $5 million in December, finishing the year $6 million in debt. The Republican National Committee has no debt and raised over twice as much as the their Democratic counterparts. For 2017, the RNC raised $132.5 million to the DNC’s $65.9 million. Regarding cash on hand, the RNC has close to $40 million ($38.8 million to be exact), while the DNC only has $6.3 million.
The DNC has $6.1 million in debt and $6.3 million cash on hand. They could pay off their debt and still be broke.