Straw in the wind: Dem fundraising lags

Rick Moran
Individual Democrats running in the House and Senate appear to be doing quite well. But fundraising for the national party has "hit the skids" says Politico: The Democratic National Committee is in the middle of its worst fundraising year in a decade. The committee's 2013 cash pace is lagging behind even for a typical off-year, according to a POLITICO analysis of the DNC's fundraising. And it has barely made a dent in paying down election year debt nearly 10 months after President Barack Obama was reelected. At the end of July in 2009, the DNC had raised nearly $51 million, adjusted for inflation. At this point in 2007, the DNC had raised about $36.3 million. This year, it raised $35.4 million though the end of July. The DNC remains $18.5 million dollars in debt as of the end of July, according to campaign finance reports filed this week. That's up from $18.3 million in debt reported in in June. The committee also spent more than it raised in July - taking in $3.9...(Read Full Post)