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NYT, Politico: Say, Why Is the DNC Taking Out a $15M Loan?
Hotair ^ | 11/21/2025

Posted on 11/21/2025 9:11:31 PM PST by SeekAndFind

Good question. Maybe the inflation of the Biden Regency has impacted the prices of political campaigns?

Of course, Republicans don't seem to have the same issues with donors as Democrats. Nor do they have the same leftover bills that Kamala Harris left the DNC, either.

DNC chair Ken Martin paints the move to tap credit as a sign of investment, but the New York Times doesn't quite buy it:

The Democratic National Committee took out a $15 million loan last month to replenish its shrunken coffers before elections in Virginia and New Jersey and to keep operations fully funded entering 2026, according to party officials and documents reviewed by The New York Times.

Tapping a line of credit outside the crucible of a midterm or presidential election year is unusual for a major party committee, and it is the latest sign of financial distress for the official arm of the Democratic Party.

The D.N.C. entered November with $18.3 million on hand — $15 million of which came from the loan.

By contrast, the Republican National Committee entered November with $91.2 million in the bank and no debts.

I put this in the Final Word last night, but it's worth a deeper look. Had it not been for this loan, it appears that the DNC would have been entirely tapped out a week before the elections in New Jersey, Virginia, and New York City. The money struggles have continued all year, as Breitbart noted at the time that Martin attempted to reverse the drain:

Democrat National Committee (DNC) Chair Ken Martin is trying to rally the troops after his party’s major losses in 2024 while grappling with the fact the committee is strapped for cash.

Turmoil and pressure have been growing as some influential leaders within the group have stepped down, the Hill reported on Sunday.

Founder and Executive Director of Defend the Vote Brian Lemek, who is also a Democrat strategist, said, “Ken Martin is stepping into a really difficult situation right now, and I would say he was elected and they handed him a mop and a bucket.”

The news also comes amid reports of infighting within the Democrat Party as it lacks clear leadership. It is also important to note the DNC recently voted to remove gun control activist David Hogg as vice chair, per Breitbart News.

If anything, matters have grown worse. One reason for this is that the DNC is still paying down Harris' campaign debt from last year, as I wrote about last month. Martin and the DNC had paid $20 million already as of the end of September. Separately, the DNC claimed they had finished September with $15.2 million cash-on-hand. That means the DNC burned a net $12 million in October, and nearly tapped out. Three months earlier, Martin had claimed that the DNC was "breaking grassroots fundraising records," but if that's the case, why would the DNC need a loan?

Politico asked Martin to explain, but the answer was less than specific:

“We can’t win elections or fight back against Trump if the D.N.C. downsizes operations like it often does after a presidential cycle,” Martin said in a statement. “I made a bet that investing early would build power, rack up wins and rally supporters back to the table. That bet is paying off.” ...

The DNC also spent $16.9 million in October, the most it has spent in any single month this year. Driving that total was election-related spending: The national party spent over $6 million in New Jersey and Virginia to boost Democratic gubernatorial candidates, along with hundreds of thousands of dollars in Pennsylvania to help retain control of the state’s Supreme Court.

Democrats won all those races.

True. However, all those races took place in blue jurisdictions too, with the arguable exception of Pennsylvania, which is purple at best these days in statewide races. These also took place in an off-year cycle, an environment which usually rewards better-organized campaigns. Martin's spending in October helped boost that organizing, but the problem Democrats will face is that the spending and the lack of donor success in 2025 will likely mean fewer organizing resources in 2026, especially if the Mamdani movement delivers on its threats to primary dozens of Democrat incumbents in the House and Senate

Martin has a few months to fix the income issue for the DNC before this becomes a critical problem for the midterms. If they're taking out loans now, though, perhaps the problem may already have hit the critical stage. And given that Martin had to take out the loan during their Schumer Shutdown Fundraiser just to avoid overdrawing their accounts, I suspect that Martin's fundraising woes will only get worse from here.


TOPICS: Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: campaign; debt; dnc; loan
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1 posted on 11/21/2025 9:11:31 PM PST by SeekAndFind
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To: SeekAndFind

Because they are no longer having their $$” laundered through USAID. Their well dried up.


2 posted on 11/21/2025 9:13:39 PM PST by madison10
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To: SeekAndFind

Start a gofundme. 15 million bucks is a rounding error for them. At least it used to be. Hahahaha!


3 posted on 11/21/2025 9:20:02 PM PST by HYPOCRACY (Wake up, smell the cat food in your bank account. )
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To: SeekAndFind

““We can’t win elections or fight back against Trump if the D.N.C. downsizes operations like it often does after a presidential cycle,” Martin said in a statement. “I made a bet that investing early would build power, rack up wins and rally supporters back to the table. That bet is paying off.” ...”

Yes. The RNC has $90 million, but pretty much lost every election here in Virginia, so now we have an Alpha Karen as governor, a murderous sociopath as AG, and a solidly Dim legislature.

Way to be fiscally responsible, GOPe!!!


4 posted on 11/21/2025 9:34:39 PM PST by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals.”)
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To: SeekAndFind

My question is: WHO would lend them even a nickel? They really don’t expect to be paid back, do they?


5 posted on 11/21/2025 9:44:19 PM PST by PGR88
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To: VanShuyten

Sounds like Michigan


6 posted on 11/21/2025 10:00:06 PM PST by madison10
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To: SeekAndFind

They probably need the money to pay their weaponized Feral “judges”.


7 posted on 11/21/2025 10:06:03 PM PST by FlingWingFlyer (Freedom isn't free but Socialism is expensive as hell. American taxpayers will have to pay for it)
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To: madison10

Because they are no longer having their $$” laundered through USAID. Their well dried up.

BINGO! That’s a big part of it.


8 posted on 11/21/2025 10:31:07 PM PST by laplata (They want each crisis to take the greatest toll possible.)
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To: SeekAndFind

Wow, these idiots will burn through 15 mil in a couple of days.


9 posted on 11/21/2025 10:35:16 PM PST by Bullish (My tagline ran off with another man, but it's okay... I wasn't married to it.)
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To: PGR88

Soros and a few others


10 posted on 11/21/2025 10:59:42 PM PST by Secret Agent Man (Gone Galt; not averse to Going Bronson.)
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To: SeekAndFind

Why?

To cry poverty and fleece the stupid.


11 posted on 11/22/2025 12:06:19 AM PST by Brian Griffin
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To: Bullish

Yes, but they know how to win. Look at VA.


12 posted on 11/22/2025 1:54:14 AM PST by nwrep
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To: SeekAndFind

It’s a Christmas gift headed straight for the pockets of the top democrats.


13 posted on 11/22/2025 2:10:26 AM PST by Iron Munro (Voltaire: "Those who can make you believe absurdities can make you commit atrocities" )
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To: SeekAndFind

The price of boxed Chardonnay and cat food has risen too steeply?


14 posted on 11/22/2025 2:16:59 AM PST by Kudsman (Remember the Alamo? Good. Now recall the Plaskett surrender. )
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To: SeekAndFind

The official dem party infrastructure isn’t really the important financing source anymore, it’s in the opaque leftie billionaire financed non-profits and the innumerable government program-money-laundering ops for leftie organizations.


15 posted on 11/22/2025 4:48:57 AM PST by TimSkalaBim
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To: madison10

Yep, that was their never-ending big money source. Their supporters like furries, trans, crazy loon ole white women, black females can’t keep the lights on at the Motel 6. 🤪


16 posted on 11/22/2025 4:56:22 AM PST by dforest
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To: SeekAndFind

Their base has turned socialist. Socialists don’t spend their own money on anything unless it is forcefully taken from them.

EC


17 posted on 11/22/2025 5:29:27 AM PST by Ex-Con777 (Leftists quote the Constitution like an atheist quotes the Bible)
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To: Ex-Con777

Socialists and communists have very simple rules about money.

What is theirs is theirs.

What is yours is theirs.


18 posted on 11/22/2025 5:31:24 AM PST by cgbg (The master is nice only when the dog behaves as expected.)
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To: madison10

The damage to the DNC resulting from DOGE is incalculable. The basis for the DNC existence was wiped away


19 posted on 11/22/2025 5:34:20 AM PST by bert ( (KE. NP. +12) QuidQuid Nominatur Fabricatur)
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To: SeekAndFind

The Democratic National Committee took out a $15 million loan last month


who lent the money?


20 posted on 11/22/2025 5:35:29 AM PST by PeterPrinciple (Thinking Caps are no longer being issued, but there must be a warehouse full of them somewhere)
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