Tags: DCCC | Faces | Financial | Morass

DCCC Faces Financial Morass

By Dan Weil   |   Friday, 07 Jan 2011 10:26 AM

The Democratic Congressional Campaign Committee is in deep do-do, as former President George H.W. Bush might put it. “The DCCC is nearly $20 million in debt, the electoral map may be even more daunting in 2012 after redistricting, and fundraising even tougher as the party competes for money during a presidential election cycle,” Politico reports.

Dccc, financial, troubleYet new DCCC chairman Rep. Steve Israel, D-N.Y., still maintains that “the House will be in play” next year, the news service reports. Good luck.

“The DCCC has slightly more than $3 million cash on hand, and it now will have to raise funds to pay off its huge debt with Democrats in the minority. That presents a significant disadvantage compared with the past four years when Democrats held a fundraising edge,” Politico explains.



© 2015 Newsmax. All rights reserved.

1Like our page
2Share
InsideCover
The Democratic Congressional Campaign Committee is in deep do-do, as former President George H.W. Bush might put it. The DCCC is nearly $20 million in debt, the electoral map may be even more daunting in 2012 after redistricting, and fundraising even tougher as the party...
DCCC,Faces,Financial,Morass
130
2011-26-07
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved