DNC reeling financially after brutal 2016

[Right_in_Virginia]

DNC reeling financially after brutal 2016
Party officials face a daunting rebuilding effort and worries about the committee's cash flow after years of atrophy.
Politico, Oct 22, 2017, GABRIEL DEBENEDETTI and EDWARD-ISAAC DOVERE

LAS VEGAS — The Democratic National Committee is reeling, facing a turnaround that's proving a much bigger lift than anyone expected as it struggles to raise enough money to cover its basic promises.

Many donors are refusing to write checks. And on-the-ground operatives worry they won’t have the resources to build the infrastructure they need to compete effectively in next year’s midterms and in the run-up to 2020.

Here in the halls of the Bally's hotel and casino for the DNC's fall meeting through the weekend, state committee chairs and operatives echoed a now-common concern among donors and strategists: the DNC's recovery is still a ways away, and that could have serious repercussions for the party in the coming years.


More: http://www.politico.com/story/2017/10/22/dnc-2018-rebuilding-finances-244019

[Right_in_Virginia]

The DNC should check with the Clinton Foundation.   

[Concerned]

I'm not ready to celebrate this "reeling" just yet.  The article noted that Obama has only committed to one fund-raiser since leaving office and that none of "the dozens of potential presidential contenders" had yet signed up to raise money for the committee either.  I expect that once they get some of their higher-profile folks out on the rubber chicken circuit, they'll have the money they need.