As the most reliable and balanced news aggregation service on the internet, DML News App offers the following information published by TheHill.com:
The Democratic National Committee (DNC) hauled in $8.5 million in June, the same month it held its first presidential primary debates and $1.7 million more than it raised the previous month.
New Federal Election Commission disclosures show that the DNC spend $7.5 million last month and finished June with about $9.3 million cash on hand.
The article goes on to state the following:
However, the most recent filings suggest the DNC likely lagging behind its Republican counterpart – the Republican National Committee has not yet disclosed its June fundraising figures but ended May with $37 million cash on hand.
The DNC dumped a majority of the funds spent into events:
- $221,000 on catering
- $106,000 on “event production & site rentals”
- $61,000 on “event decorations”
- $50,000 on expenses marked as “event consulting”
- $19,000 on security
— The Hill (@thehill) July 20, 2019
The Democratic National Committee raised $8.5 million in June, of which it spent $7.5 million.https://t.co/d4Ge5fhDaH
— Axios (@axios) July 20, 2019
To get more information about this article, please visit TheHill.com.