“The DNC reported less than $8.7 million cash on hand and over $7 million debt in an FEC report released Wednesday,” The Daily Caller’s William Davis reported Wednesday, along with a post providing an image of the “disappointing” October filing.
The filing shows the DNC ending the month with $8,749,032.47 in cash on hand and $7,048,710.14 in unpaid bills. T’he document also shows that the Democrats have pulled in just over $50 million from individual for the entire election cycle.
The RNC pointed to the Democrat's unrelenting attacks on President Trump as the main reason driving donors to give more money than usual.
The rather grim figures come amid record-breaking numbers from Republicans and President Trump. In the third quarter of this year, Trump and the Republican National Committee brought in $125 million.
“The Trump 2020 campaign’s fundraising arm said Tuesday that it has raised more than $308 million in 2019 and has more than $156 million in the bank,” Fox News reported in early October. For context, Fox notes that former President Obama and the DNC raised just over $70 million in the third quarter of 2011, the year before his re-election year.