The DNC Has Spent More Money Than It’s Raised This Year
- Party borrows $3 million as it competes against own candidates
- DNC cash used to buy mobile numbers and train organizers
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The Democratic National Committee has a money problem. And that could hurt its nominee’s chances of beating President Donald Trump in 2020.
In the first four months of 2019, the party spent more than it raised and added $3 million in new debt. In the same period, its Republican counterpart was stockpiling cash.