Democratic National Committee loans $15 million to meet 2026 election funding needs

According to documents reviewed by U.S. Democratic officials and The New York Times, the Democratic National Committee (DNC) took out a $15 million loan last month to replenish its greatly reduced fund reserves ahead of elections in Virginia and New Jersey, ensuring sufficient funding for operations as it moves into 2026. Using credit lines in a year that is not a midterm or presidential election year is uncommon for a major party's national committee, and it is the latest indication of financial difficulties at the official Democratic institution. At the beginning of November, the DNC had $18.3 million in its account, with $15 million coming from this loan. In contrast, the Republican National Committee (RNC) had $86 million in its account at the beginning of October, with no debt.

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Original: www.toutiao.com/article/1849381551216651/

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