The DNC is 'dead broke' while the RNC has nearly $40 million

As Democrats prepare to go to war over retaking Congress, it may be rather difficult, because the Democratic National Committee is nearly broke.

In FEC filings closing out 2017, the party appears to be starting the new year $6.1 million dollars in debt, with just $6.5 million in the bank. That leaves the DNC with just $400,000.

Meanwhile, the Republican National Committee has amassed quite a fortune. Their filings show zero debt with nearly $40 million in the bank.

Even more impressive, the RNC raised a record $132 million dollars in 2017, the most ever in a non-election year.
Democrats raised about half that ($66 million), but they say it was more money raised than in previous years, and noted the difficulties newcomer Chairman Tom Perez has had rebuilding the committee.

The lag in fundraising comes despite historic low approval ratings for President Trump.

RNC Chairwoman Ronna McDaniel told the Washington Examiner, “Our strong fundraising numbers reflect voters’ optimism and continued support as President Trump fulfills his promises to the American people.”

Perhaps a bit of good news for Democrats, according to NBC, nearly 50 non-incumbent Democrats running for Congress have outraised their Republican opponents ahead of the midterm elections.