The Democratic National Committee reported donations of $4.3 in January — but that’s significantly less than the amount needed to pay off its debt.
The Democratic Party finished 2012 $21.5 million in the red, Federal Elections Commission filings show, according to a Politico report. They paid roughly $700,000 of after-election debt, Politico said, bringing the current total to $20.7 million.
The DNC spent $3.9 million in January alone and still has $4.6 million cash on hand, Politico said.
By contrast, the Republican National Committee said it raised $6.9 million in January and has $7.1 million cash on hand, Politico reported. And debt?
The RNC paid all its debts at the end of 2012, Politico said.
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Cheryl Chumley is a continuous news writer for The Washington Times. Previously, she was part of the start-up team for The Washington Times’ digital aggregation product, Times247. She’s also a 2008-2009 Robert Novak journalism fellow with The Phillips Foundation. She can be reached at cchumley@washingtontimes.com.
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