The Democratic Party’s principal fundraising committee saw donations slump in the second-to-last month of the year, recording just a $12 million campaign war chest and almost $16 million still in debt due to a loan taken out the previous month, Federal Election Commission filings show.
The fundraising doldrums come amid party infighting over whether to release a 2024 autopsy report on the failed Biden-Harris campaign and pressure ahead of the critical 2026 midterms, in which Democrats want to retake Congress.
The Democratic National Committee listed a little more than $12.6 million cash on hand, $10.7 million raised, and $15.9 million in debts in its FEC filing for November, with national Republicans accusing their opponents of “drowning” in their obligations to pay off bills.
That puts the DNC only a few hundred thousand dollars ahead of the Republican National Committee (RNC) for that month’s fundraising — but far behind the GOP’s $89.9 million cash on hand and lack of outstanding debts as both parties look ahead to the 2026 midterms.
From Nov. 1 to 30, the DNC actually lost roughly $6 million from its campaign war chest with spending having outpaced its donations. The month before, it had also raised $23 million — more than double its November haul.
Hellbound and Down 