FORTUNE: The DNC is nearly broke
September 30th, 2013
04:41 PM ET
12 months ago

FORTUNE: The DNC is nearly broke

(FORTUNE) – There's another budget crisis in Washington, and it's unfolding inside the Democratic party. The Democratic National Committee remains so deeply in the hole from spending in the last election that it is struggling to pay its own vendors.

It is a highly unusual state of affairs for a national party - especially one that can deploy the President as its fundraiser-in-chief - and it speaks to the quiet but serious organizational problems the party has yet to address since the last election, obscured in part by the much messier spectacle of GOP infighting.

FULL STORY

Filed under: DNC
soundoff (17 Responses)
  1. Jeff Brown in Jersey

    We always come through as grass roots contributors. Nothing to see here, move along.

    September 30, 2013 04:44 pm at 4:44 pm |
  2. Name jk. Sfl. GOP conservatives,the garbage of America.

    I'm sure the dmv will be all stocked up for 2014 to help get rid of the GOP incompetent obstructionist garbage of America GOP teaparty . I have my wallet open!!!!!

    September 30, 2013 04:46 pm at 4:46 pm |
  3. Dutch/Bad Newz, VA -aka- Take Back The House -aka- No Redemption Votes

    Who needs money when these republicans are making it so easy to destroy them next year.

    September 30, 2013 04:47 pm at 4:47 pm |
  4. Sniffit

    Make no mistake that the GOP/Teatrolls recognize that the poor vote and donate mostly Dem and that squeezing the poor by hampering recovery is a "happy consequence" of their attempts to destroy Obama at all costs.

    September 30, 2013 04:48 pm at 4:48 pm |
  5. tom l

    @Sniffit the Corporatist

    "Oh, and if calling me names helps too...then so be it. It really doesn't bother me that your cartoon takes place on a playground.

    LOL. Says the guy who refers to the other side as "teatrolls" as well as many, many, many, many, many other names. Classic. Wow could you use a course in "self awareness"

    September 30, 2013 04:57 pm at 4:57 pm |
  6. tom l

    I have a feeling they just felt like they could tax the rich to pay for this. Does this honestly surprise anyone?

    September 30, 2013 04:59 pm at 4:59 pm |
  7. Donna

    The DNC is nearly broke
    -–

    the democrats bankrupt??? how can this be??? are their shakedown operations not effective anymore? are the unions not funneling hundreds of millions in dues stolen from their membership to the democrats?

    dnc bankrupt, democrats banrupting california, illinois, detroit, the country.... is it all starting to become clear america???

    September 30, 2013 05:00 pm at 5:00 pm |
  8. Thomas

    Ok , this is a way to bring in more campaign contributions for 2014.

    September 30, 2013 05:04 pm at 5:04 pm |
  9. vic , nashville ,tn

    After election really I forget the party . Time to donate some $

    September 30, 2013 05:26 pm at 5:26 pm |
  10. just saying

    i don't understand why? all the lefties in here are always saying they are sending them money. somebody is lying or somebody is stealing or both. if democrats are involved, my money is on both.

    a bankrupt party, with a bankrupt president with bankrupt policies, leading the entire country over the bankruptcy cliff. wake the hell up america before it is too late.

    September 30, 2013 05:31 pm at 5:31 pm |
  11. Data Driven

    Many reasons for this, but I think the biggest reason is lack of enthusiasm for who's on deck in 2016. The media is so obsessed with Hillary Clinton right now that I think some Dems are just saving their money for her campaign ... and forgetting that 2014 equally matters.

    Big donors: pony up. DNC is your game; play it.

    September 30, 2013 05:34 pm at 5:34 pm |
  12. Say WHAT???

    OK, time for all those mega rich Hollywood liberals to all contribute a million each. Where is Obama's buddy Warren Buffet? Jay-Z?? What the heck happened to all the money from those celebrity events? Time for an audit I think. Somebody is buying a lot of Michael Jackson memorabilia I think!

    September 30, 2013 05:35 pm at 5:35 pm |
  13. Data Driven

    @Donna,

    California is running a surplus now because we got rid of Republicans in the state legislature. Keep up.

    September 30, 2013 05:36 pm at 5:36 pm |
  14. Stuffit

    Gee,, there is a surprise. They have done the same thing to the government.

    September 30, 2013 05:37 pm at 5:37 pm |
  15. Donna

    Data Driven
    @Donna,
    California is running a surplus now because we got rid of Republicans in the state legislature. Keep up.
    ----

    Republicans were always in the minority in California. Democrats have ALWAYS controlled the legislature. Just how does getting rid of the minority affect anything? Of course you speak total nonsense, as usual.

    California raised taxes through the roof. Highest tax rate in the country. That is why the state is bleeding people and businesses to other states. But keep trying to squeeze more and and more from fewer and fewer. It is clear liberals and Democrats know nothing about math, which is why even the DNC is broke.

    but by all means, keep posting these obvious lies... they are amusing. Pathetic, but amusing.

    September 30, 2013 05:47 pm at 5:47 pm |
  16. kayla

    i guess the dems need some koch brothers donation

    September 30, 2013 05:49 pm at 5:49 pm |
  17. simplyput

    Bill Clinton's made about 55 Million with his Global Initiatives, hit him up....and Hollywood. The rest of us are just plain broke.

    September 30, 2013 06:14 pm at 6:14 pm |