At the end of June, the DNC had just $15 million on hand compared to the Republican National Committee’s $80 million, according to Politico. The DNC has less cash on hand at this point than at any point in the last five years. The DNC has reportedly spent this year helping to pay off $15.8 million in coordinated expenses with former Vice President Kamala Harris’s campaign. Harris spent over $1 billion in a futile effort to beat President Donald Trump.
One critical aspect of Democratic fundraising woes is the lack of support from large donors, who have shied away from giving the maximum amount. Forty-seven donors, about a third of the number who gave in the same period in 2021, gave the maximum amount.
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