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The Democratic Party's Money Is a Mess: A $2M-in-Debt DNC Asks Vendors to Wait as Trump Holds $400M
['Christian Nogot Puno']
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The Democratic Party's national committee begins the last 90 days before the midterms owing more than it holds: about $2.2M (£1.6M) in deficit, with $18.5M (£13.7M) of debts against $16.3M (£12.1M) of cash.
The Democratic National Committee (DNC) has asked suppliers to hold their invoices until after polling day, while a fundraising vehicle allied to Donald Trump sits on $400M (£297M).
The Republican National Committee (RNC) closed June with $128.5M (£95.5M) in cash and no debt at all.
The biggest outside vehicle behind Trump, a super political action committee (PAC), holds the $400M reported to the newspaper.
JUST NOW: President Trump declares that the Democratic Party “is a mess.”