Fund-raising Blues: DNC remains in debt as it competes with Obama group for donors
“We’re retooling and building our programs to ensure that Democrats are successful in 2013, 2014, 2016 and beyond. We’ve put in place a top-notch team who are delivering real results,” Mr. Czin said.
“This Monday was our single-best online fundraising day since before the 2012 election, bringing in over $850,000 in just 24 hours,” he said.
“Every day we are spending money to win in 2013, 2014 and 2016 while the Democrats are paying off debt and aren’t focused on winning elections,” said RNC press secretary Kirsten Kukowski. The RNC has made a financial comeback since 2011, when the committee’s debt hit $24 million.
The DNC’s financial woes also could cut into the budgets of other Democratic fundraising organizations such as the Democratic Senatorial Campaign Committee and the Democratic Congressional Campaign Committee.
“The DNC’s financial difficulties will place even greater fundraising pressure on the DCCC and DSCC between now and the midterm election. Given the DNC’s fundraising struggles, it is unlikely that the DNC will be able to transfer significant funds to the DCCC and DSCC during this election cycle.”
Republicans said the DNC’s financial problems should be seen as a reflection of the Democrats’ inability to deal with the country’s fiscal crisis.
“It’s difficult to see how Democrats can have a serious conversation about how our country pays its bills when they are carrying millions of their own debt,” Ms. Kukowski said. “Its hard to believe the DNC, with a Democratic president who is known for his fundraising prowess, is in this position.”
The DNC’s debt has been decreasing slowly since April, when it peaked at $22.5 million.