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Senate Democrats are $15M in debt
The Hill ^ | 1/30/15 | Cameron Joseph

Posted on 01/31/2015 4:18:21 AM PST by Libloather

The Democratic Senatorial Campaign Committee begins their quest to retake the Senate in 2016 with $15 million in operational debt and $1 million in the bank, according to new numbers through the end of December.

That's down from the $16.3 million in debt the DSCC carried shortly after the 2014 elections, and is slightly lower than the $15.8 million it started out with after the 2012 elections, though it's still one of the largest burdens the party has carried in decades. That operational debt doesn't include a $5 million loan the organization took out to buy a house adjacent to its headquarters that it has leased for years and decided would make more financial sense to buy.

The National Republican Senatorial Committee has yet to publicly release its numbers. The NRSC had $9 million in debt and $3 million cash on hand as of Nov. 24.

The DSCC raised $168 million for the 2014 election cycle, tens of millions more than the NRSC did, but Republican outside groups more than evened the score and the GOP picked up nine seats to win Senate control. Democrats are hopeful they can win back the Senate next year, when they're only defending 10 seats to Republicans' 24.


TOPICS: Crime/Corruption; Extended News; Government; News/Current Events
KEYWORDS: debt; democrats; rats; senate
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That's a shame.
1 posted on 01/31/2015 4:18:21 AM PST by Libloather
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To: Libloather

I’ll bet if you checked the total amount of the money (campaign funds) each of the Democrat Senators have it would cover this easily.


2 posted on 01/31/2015 4:20:32 AM PST by Gaffer
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To: Libloather
This should surprise no one. They have demonstrated lack of fiscal accountability for a generation.....
3 posted on 01/31/2015 4:21:12 AM PST by JParris
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To: Libloather

I’m betting they more than make up for it in scams that take money from the taxpayer, funnel it through various groups right back to themselves.


4 posted on 01/31/2015 4:24:31 AM PST by cripplecreek ("For by wise guidance you can wage your war")
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To: Gaffer

A bill that will go unpaid. Didn’t the pantsuit’s campaign stiff loyal fellow travelers last time?


5 posted on 01/31/2015 4:24:35 AM PST by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)
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To: All

happens every year. They’ll crank up the machine and get Soros et al to bail them out..


6 posted on 01/31/2015 4:25:06 AM PST by newnhdad (Our new motto: USA, it was fun while it lasted.)
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To: wally_bert

Indeed.


7 posted on 01/31/2015 4:25:40 AM PST by Gaffer
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To: wally_bert

“A bill that will go unpaid. Didn’t the pantsuit’s campaign stiff loyal fellow travelers last time?”

I’m willing to bet the unpaid debt will be written off dollar for dollar against income. So there will be no effort to collect it. The taxpayers are paying indirectly for the Democrat’s campaigns.


8 posted on 01/31/2015 4:28:12 AM PST by Gen.Blather
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To: Libloather
The Democratic Senatorial Campaign Committee begins their quest to retake the Senate in 2016 with $15 million in operational debt and $1 million in the bank, according to new numbers through the end of December.

DSCC: "Money problem? How could there be a money problem? There are plenty of checks left in our checkbook!"

9 posted on 01/31/2015 4:29:28 AM PST by COBOL2Java (I'm a Christian, pro-life, pro-gun, Reaganite. The GOP hates me. Why should I vote for them?)
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To: COBOL2Java

DOLLARS TO DOUGHNUTS, SOROS WILL MAKE THEM GOOD AGAIN.

IF THE CLINTONS WERE NOT OF SUCH COMMON STOCK THEIR FOUNDATION WOULD GIVE THE MONEY TOMORROW.

BUT AS MY GRANNY USED TO SAY DUKES AND PRINCES DID NOT IMMIGRATE.


10 posted on 01/31/2015 4:42:02 AM PST by urbanpovertylawcenter (the law and poverty collide in an urban setting and sparks fly)
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To: urbanpovertylawcenter

This is like, chicken feed


11 posted on 01/31/2015 4:45:15 AM PST by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: cripplecreek

I wonder about that too. Does anyone really know what happened to all the stimulus money?


12 posted on 01/31/2015 4:57:06 AM PST by virgil (The evil that men do lives after them)
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To: cripplecreek

That is called union dues.


13 posted on 01/31/2015 4:59:54 AM PST by lucky american (Progressives are attacking our rights and y'all will sit there and take it.)
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To: virgil

A lot of money has gone to Chicago in the form of budgets for various czars that make their homes there.

For instance we have a carp czar, a great lakes czar, and an invasive species czar all apparently responsible for the same thing and none of them appear to do anything.


14 posted on 01/31/2015 5:08:42 AM PST by cripplecreek ("For by wise guidance you can wage your war")
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To: Libloather

I don’t see the problem here.
15 Million? Dollars?
Just write it off or send a bill to their favorite lobbyists.


15 posted on 01/31/2015 5:25:30 AM PST by Tupelo (I feel more like Philip Nolan by the day)
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To: Libloather
In the real world, if your checkbook is 15 million in the negative, no one will do business with you anymore. The same should apply to the buzzards in DC.
16 posted on 01/31/2015 5:30:08 AM PST by liberalh8ter (The only difference between flash mob 'urban yutes' and U.S. politicians is the hoodies.)
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To: Libloather

More misdirection.

Politicans running for the senate claim they want to serve the people and do good.

But somehow the lot of the people never seems to improve.

Yet by the time they leave the senate all the politicians have somehow become millionaires.


17 posted on 01/31/2015 5:33:25 AM PST by Iron Munro ("Alcohol, Tobacco and Firearms - Open Up!" "Must be another UPS delivery, honey.")
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To: Iron Munro

It’s hard to go in there without surrendering your idea of good to a million airy-fairy schemes, most with some kind of bribe attached.


18 posted on 01/31/2015 5:34:43 AM PST by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: Libloather

Pocket change for these clowns…

http://www.msn.com/en-us/money/savingandinvesting/10-richest-members-of-congress-in-2014/ss-BB579NF#image=1

After all, they DID build this…

http://www.usdebtclock.org

Hey YOU…YOU in CONgre$$. Do YOU have more debt than YOU can afford? Why did YOU foist this on US?

6. But the grand nostrum will be a public debt…

7. It must not be forgotten that the members of the legislative body are to have a deep stake in the game. This is an essential point, and happily is attended with no difficulty. A sufficient number, properly disposed, can alternately legislate and speculate, and speculate and legislate, and buy and sell, and sell and buy, until a due portion of the property of their constituents has passed into their hands to give them an interest against their constituents, and to ensure the part they are to act.

11. As soon as sufficient progress in the intended change shall have been made, and the public mind duly prepared according to the rules already laid down, it will be proper to venture on another and a bolder step toward a removal of the constitutional landmarks.

Rules for Radicals? No…

Rules for Changing a Limited Republican Government into an Unlimited Hereditary One - 1784-1796 - Philip Freneau

http://www.constitution.org/cmt/freneau/republic2monarchy.htm


19 posted on 01/31/2015 5:39:22 AM PST by PGalt
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To: cripplecreek
For instance we have a carp czar, a great lakes czar, and an invasive species czar all apparently responsible for the same thing and none of them appear to do anything.

Thanks, 'creek. I did not know that.

BIG GOVERNMENT IS CRONY SOCIALISM

Socialism Is Legal Plunder - Bastiat

He has erected a multitude of New Offices, and sent hither swarms of Officers to harrass our people, and eat out their substance.

DEPOPULATE socialists from the body politic. DEFUND/DISMANTLE their collectives/agencies/czars/collectives, foreign and domestic.

20 posted on 01/31/2015 5:45:00 AM PST by PGalt
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