DNC Closes November With Debt, Lowest Fundraising In Ten Years
The Democratic National Committee closed out November 2017 fundraising with a few million in debt.
On the other hand, the Republican National Committee closed November with no debt and a surplus, according to the Federal Election Commission.
Fundraising for the DNC saw its lowest point for November in ten years. The following is a yearly breakdown of DNC November fundraising:
2007: $4.4 million
2008 (Presidential election year): $48.4 million
2009: $5.9 million
2010 (Midterm election year): $26.1 million
2011: $6.7 million
2012 (Presidential election year, Democrat incumbent): $22.0 million
2013: $6.1 million
2014 (Midterm election year): $11.8 million
2015: $6.5 million
2016 (Presidential election year): $104.6 million
2017: $5.7 million
This is the lowest fundraising year for the DNC in an non-election year since 2007.
The DNC has reported low fundraising numbers all year. In June, Democrat nominee Jon Ossoff ran for Congress in Georgia’s 6th district in the most expensive House race ever, and lost.
The RNC closed November 2017 with $39.9 million cash on hand, while the DNC closed November 2017 with $2.6 million in debt.