DNC’s Fundraising Woes Continue DNC’s Fundraising Woes Continue – NTK Network

DNC’s Fundraising Woes Continue

The DNC raised just $5.6 million in May while the RNC raised $14.6 million.

By NTK Staff | 06.21.2018 @1:00pm
DNC’s Fundraising Woes Continue

The Democratic National Committee’s (DNC) fundraising struggled yet again this month under the leadership of Chair Tom Perez. The committee was once again outraised by the Republican National Committee (RNC) in May.

According to the Federal Election Commission (FEC) filings, the DNC raised just $5.6 million in May while the RNC raised $14.6 million.

Through May 2018 the RNC has raised $187.7 million and has $47.4 cash on hand with no debt, while the DNC has only $8.7 million cash on hand and $5.7 million in debt.

Perez set the lofty goal of doubling the organization’s budget from $50 million to $100 million in 2017, but almost a year and a half into Perez’s leadership, the DNC has yet to reach that mark.

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