Last month we reported that the DNC was going into debt while the RNC was raising millions. In a new but related development, the cash poor Democrats want taxpayers to help pay for their national convention.
Stephen Dinan reported at the Washington Times:
Struggling DNC craves tax dollars for convention Already struggling with finances, the Democratic Party has drafted a plan to have taxpayers help pay about $20 million for next summer’s nominating convention, reversing a change Congress approved just a year ago. Democratic National Committee Chairwoman Debbie Wasserman Schultz, who is also a congresswoman from Florida, has drafted a bill to restore money that both parties used to receive from the federal government to help defray the costs of running their quadrennial conventions. The Congressional Budget Office revealed the move in a letter released Friday, which said Ms. Wasserman Schultz’s proposal to tap a presidential campaign fund would likely mean each party could get about $20 million in taxpayer money to help with costs. The DNC is facing tough financial circumstances. The latest report shows it had just $4.7 million in cash on hand as of Oct. 31, less than the $6.9 million in debts the committee reported. By contrast, the Republican National Committee reported $20.4 million in cash, offset by $1.9 million in debts. Neither the DNC nor Ms. Wasserman Schultz’s congressional office returned messages seeking comment on her plans.
FOX and Friends covered the issue yesterday. Video via the FOX News Insider:
As you might expect, not everyone is on board.
Featured image via FOX News video.
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