The DNC is well behind its goal of doubling its budget to $100 million in 2017.
According to FEC filings, the DNC raised just $4.4 million in August, compared to the RNC which raised $7.3 million.
The DNC has raised just $46.3 million this year and has only $6.8 million cash on hand, while still having $4.1 million in debt.
Compare that to the RNC, which has raised $93.3 million so far this year and has $45.9 million cash on hand while having no debt.
It’s safe to safe the RNC is winning the fundraising war with the DNC.
Making matters worse for the DNC is that it’s well behind DNC Chair Tom Perez’s goal of raising $100 million in 2017.
Earlier this year, Perez set the lofty goal of doubling the organization’s budget from $50 million to $100 million in 2017.
After August’s fundraising numbers, it seems very unlikely that the DNC will achieve the goal that Perez set at the beginning of the year.
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