politics
Ken Martin pleads for more financial help at DNC summer meeting
Democratic National Committee Chairman Ken Martin defended his organization’s fundraising record despite a massive Republican advantage and implored allies to help raise more funds in the final few months before the November midterm elections.
TL;DR
- DNC Chairman Ken Martin acknowledged a Republican fundraising advantage and urged allies to help raise more funds for the upcoming midterm elections.
- Despite the DNC raising a record amount, it needs more financial resources due to the Republican White House and their superior war chest.
- The DNC ended June with $16.3 million cash on hand and over $18 million in debt, significantly less than Republican committees.
- Individual Democratic candidates, however, have shown stronger fundraising performance than their Republican competitors in some races.
- Martin is convening a special finance committee with experienced fundraisers to boost the DNC's financial capabilities.
- DNC national finance co-chair Chris Korge stated that fundraising is currently 107% to goal and expected to improve.