Things just keep getting worse for the Democratic Party, and at this rate, they may need a new metaphor because “keeps getting worse” barely covers it anymore. We already told you the polls are tightening heading into the midterms in November, which was bad enough on its own. Now it turns out the party’s situation is so much worse than we already know, and the people running the show apparently don’t want you to know just how bad it really is
In a bizarre move, the Democratic National Committee required its senior leadership to sign non-disclosure agreements before a private meeting on the party’s finances, according to two people familiar with the conversations who spoke to Axios. That alone is a break from past practice. DNC officers are high-ranking members of chair Ken Martin’s team, not entry-level staffers. Officers at that level don’t typically get handed a confidentiality agreement before they can hear how much money they have in their piggy bank and what they plan to do about it.
Make no mistake about it, you don’t slap NDAs on your own leadership team unless you’re worried about what might leak. And boy, it’s gotta be something really juicy.
The private senior officers’ meeting happened on June 25, five days before the Supreme Court issued a ruling that reshaped party fundraising rules. Martin has been fending off a crisis of confidence among Democrat donors, operatives, and even DNC members over how he’s managing the party, especially with the Republican National Committee sitting on a huge fundraising advantage without any debt.
And the numbers justify the panic. Through the end of May, the DNC had nearly $15 million on hand but $18 million in debt. The RNC, meanwhile, had $125 million on hand and zero debt. In other words, the Democrat Party is running on fumes, and they know it.