Politics

Inside the DNC’s money problems

Published

1 year ago

August 18, 2025

The Democratic National Committee has fallen far behind in the cash race.

After a brutal 2024 election and several months into rebuilding efforts under new party leadership, the DNC wildly trails the Republican National Committee by nearly every fundraising metric. By the end of June, the RNC had $80 million on hand, compared to $15 million for the DNC.

And the gap — nearly twice as large as it was at this stage in Trump’s first presidency — has only grown in recent months, a Blue Light News analysis of campaign finance data found, fueled by several distinct factors.

Major Democratic donors have withheld money this year amid skepticism about the party’s direction, while the small-dollar donors who have long been a source of strength are not growing nearly enough to make up the gap. And the party has quickly churned through what money it has raised in the first half of the year, including spending more than $15 million this year to pay off lingering expenses from Kamala Harris’ presidential campaign.

The DNC has less cash this summer than it did at any point in the last five years.

“I understand that donors want some kind of a reckoning,” said Steve Schale, a Florida-based Democratic strategist. “But I also think that the kind of state party building that I think [DNC Chair] Ken [Martin] wants to do at the DNC is really vital to our success. And so I hope people kind of get over themselves pretty quick.”

The fundraising troubles reflect ongoing questions about the DNC’s direction under Martin, who was elected earlier this year, and comes as the DNC has faced months of bitter infighting. Continued cash shortages could limit the party’s ability to rebuild for a new cycle. And the DNC’s money woes stand in particularly stark contrast to Republicans, who have leveraged President Donald Trump’s fundraising prowess to raise record sums.

“Chair Martin and the DNC have raised more than twice what he had raised at this point in 2017, and our success in cycles thereafter is well documented. Under Ken, grassroots support is strong,” DNC Executive Director Sam Cornale said in a statement. “It’s now time for everyone to get off the sidelines and join the fight. Rebuilding a party is hard — rebuilding relationships and programs take time and will require all hands on deck to meet this moment.”

The DNC’s money woes stand out among major Democratic groups, Blue Light News’s analysis found: Democrats’ House and Senate campaign arms are near financial parity with their Republican counterparts, and several major donors who have withheld funds from the DNC are still giving to those groups.

“Donors see the DNC as rudderless, off message and leaderless. Those are the buzzwords I keep hearing over and over again,” said one Democratic donor adviser, granted anonymity to speak candidly about donors’ approach.

The DNC, on the other hand, touts Democrats’ success in state and local elections this year as proof the party’s investments are paying off. The group also began transferring more funds to state parties this year, and argues it is better-positioned financially than it was at this time in 2017, when it also significantly trailed the Trump-powered RNC.

Some Democrats attribute the slowdown among donors primarily to the need for a break after 2024, and the challenges of being the party out of power. Large donors would rather bump elbows with high-profile figures like a president or House speaker; Democrats cannot put on those kinds of fundraising events right now. The DNC also struggled for cash during Trump’s first presidential term, and that did not stop Democrats from taking back the House in 2018, or winning the presidency in 2020.

Still, the longer the DNC struggles to build up cash, the harder it will be to close that gap heading into the 2026 midterms and beyond. And the fact that other party committees are not seeing the same financial struggles puts more responsibility on Martin and his team to figure out a way to right the ship.

“Obviously, the sooner the DNC and other Democratic-aligned groups can get investment, the better. It’s better for long-term programs on the ground, it’s better to communicate our message early on,” said Maria Cardona, a DNC member and Democratic strategist. “However, I think you’re going to see donors coming into those things because they are starting to see Democrats fighting back, and that’s what they want.”

Just 47 donors gave the maximum contribution to the DNC in the first half of the year, according to the Blue Light News analysis of the party’s filings with the Federal Election Commission. Over the same period in 2021, more than 130 donors gave a maximum contribution. (In 2017, when the party was similarly struggling with large donors, the figure was 37.)

That means dozens of the DNC’s biggest donors from early last cycle have not yet given to it this year — accounting for several million dollars the party group has missed out on this time.

Many of those biggest donors have continued to contribute to other Democratic groups and candidates, indicating they are still aligned with the party and willing to dole out cash — though often not as much, and not to the DNC.

In the run-up to the DNC chair election earlier this year, several large donors publicly preferred Ben Wikler, the Wisconsin Democratic Party chair, to Martin, who long served as the leader of Minnesota’s Democratic-Farmer-Labor Party and also led the Association of State Democratic Parties.

“If Ken [Martin] really wanted to impress donors, he’d go do 20 or 30 salon events with donors and let them yell at him,” said the Democratic donor adviser. “If you take that on the chin, make some changes, then I think we could see some movement. But [he’s] not going to do that.”

With large donors lagging, the DNC has touted record grassroots fundraising from online donors. On ActBlue, the primary Democratic online fundraising platform, the group raised $33.8 million over the first six months of the year, up from $27 million over the same time in 2021.

But the total number of online donors was roughly the same in both periods — suggesting online donors are giving more than they were four years ago, but the group’s donor base has not expanded substantially.

Most DNC donors this year were contributors to Harris’ campaign or the DNC last cycle, according to the Blue Light News analysis. Another 14 percent of donors had no record of donations on ActBlue last cycle, suggesting the DNC is finding new small donors — but not nearly fast enough to make up for the drop-off among large donors.

In fact, the rate of online giving to the DNC has slowed in recent months. The party’s best online fundraising month was March, when it raised $8.6 million on ActBlue from 254,000 donors; in June, the party raised $4.1 million on the platform from 157,000 donors.

And reaching those online donors comes at a cost: The DNC has spent $5.7 million on online fundraising this year, according to its FEC filings. On Meta, which includes Facebook and Instagram, it is one of the largest political spenders this year, according to the platform’s data. The total spent on fundraising expenses so far is nearly as much as the DNC has sent to state parties this year.

Another set of major expenses also stands out for draining the DNC’s coffers: continuing to pay off expenses from Harris’ failed 2024 presidential bid.

Her campaign ended last year’s election with roughly $20 million in unpaid expenses, according to people familiar with its finances, although none of Harris’ campaign committees or affiliates ever officially reported debt. The DNC has spent $15.8 million total on coordinated expenses with the Harris campaign this year, including $1.3 million in June. A party spokesperson declined to comment on future campaign-related payments.

Elena Schneider contributed to this report.

Politics

Ted Cruz blasts JD Vance as ‘insecure,’ says he’s focused on helping GOP win midterms

Published

12 hours ago

October 3, 2026

Blue Light Newsroom

Sen. Ted Cruz fired back at JD Vance for suggesting he’s already focused on a 2028 presidential bid, calling the vice president “insecure” while insisting he’s focused on the 2026 midterms.

“In my experience, people engage in political bomb-throwing when they’re feeling insecure,” Cruz said in a phone interview Saturday. “So he’s welcome to make whatever comments he likes. I’m going to keep focusing on the midterms and helping us win on Election Day in the next 30 days.”

Cruz’s comments came in response to an NBC News interview Thursday with Vance in which the vice president suggested Cruz was prematurely eyeing a White House run.

“It is really obvious to me that, at this very moment, Ted Cruz is running for president,” Vance said. “At this moment, I’m not. I’m trying to help elect Republicans. That’s what I’m going to keep on doing.”

Vance is widely viewed as the frontrunner for the Republican presidential nomination, but Cruz has said he doesn’t believe Vance is the sure-fire nominee and suggested he might throw his own hat in the ring. “I’ll certainly be part of the discussion,” he told MS NOW in August.

On Saturday, Cruz told Blue Light News he is dedicated to helping Republicans maintain control of both chambers of Congress. He pointed to his travel this cycle to campaign with candidates in Georgia, Iowa, Nebraska, South Carolina as well as in his home state of Texas as proof. He also said he has trips planned this month to campaign with Republicans in Alaska, Florida, North Carolina and South Carolina.

“Over the last 10 years, there’s no Republican in the country who has campaigned for more Senate candidates, more House candidates, more gubernatorial candidates than I have, and this year will be no exception,” he said.

Cruz rattled off a list of a dozen GOP candidates he’s helped bolster in past years, including former Virginia Gov. Glenn Youngkin, Sen. Thom Tillis of North Carolina, U.S. House candidate Karoline Leavitt — and the vice president.

“Indeed, ironically, I spent a full day on the road with JD Vance, campaigning with him when he was running for Senate in Ohio [in 2022],” Cruz said. “I was very glad he won that race. I was very glad to help him.”

A spokesperson for Vance did not immediately respond to Cruz’s latest comments.

Vance campaigned in Texas and Florida this week and will hold a rally in Alaska on Monday.

Politics

Republicans don’t have a clear boogeyman for this year’s midterms

Published

12 hours ago

October 3, 2026

Blue Light Newsroom

Republicans have tried to find a new boogeyman this year as they rail against Democratic socialism and the “radical” left: Zohran Mamdani. Alexandria Ocasio-Cortez. Bernie Sanders.

Still more mentioned than all of them, at least in campaign ads: former President Joe Biden.

A Blue Light News review of hundreds of ads running in battleground House and Senate races in recent months shows Republicans largely haven’t seized on progressive icons in paid media. Instead, Biden is the Democrat most likely to be mentioned in GOP ads this cycle, coming up across dozens of races.

President Donald Trump has frequently sought to blame Biden for high prices and other challenges that his administration has faced. Even so, the former president has become a far less useful punching bag for Republicans since leaving office and remaining largely out of the spotlight: At this time in the 2024 cycle, Biden had been mentioned in more than 1,000 Republican House and Senate ads, according to AdImpact data.

The data illustrates how Republicans have been unable to land on a clear villain as they seek to convince voters that Democratic control of Congress would be worse than keeping the GOP in charge. Their warnings about old establishment figures like Biden and former Speaker Nancy Pelosi don’t land like they once did. But they also haven’t been able to seize on emerging democratic socialists like they had hoped to.

Democrats’ foil, meanwhile, has never been more obvious, with Trump’s approval rating in the mid-thirties amid continued high prices and the Iran war.

“No one will match the level of Pelosi for Republicans, in part because the Obamacare vote was such a touchstone moment. And the ‘we have to pass it to find out what’s in it,’” said Doug Heye, a longtime Republican operative who noted he still has “Fire Pelosi” swag from the Republicans’ successful 2010 midterm rout. The then-speaker was central to the GOP’s campaign message that year.

Part of the challenge for Republicans comes from Democrats’ lack of a clear leader. Pelosi stepped down from Democratic leadership at the start of 2023, and her successor, House Minority Leader Hakeem Jeffries (D-N.Y.) does not elicit the same animus from Republicans. In the 2022 cycle, her last term as Democratic leader, Pelosi was invoked in more than 80 GOP ads, Blue Light News’s analysis found. Now, she’s mentioned just a handful of times, while Jeffries hasn’t been mentioned in any battleground TV ads this year, according to the Blue Light News review of transcripts.

Biden was an easy target for the GOP in 2022 and 2024, when Republicans blamed him for high inflation and the cost of living. Now, poll after poll shows that voters are more likely to hold Trump — not Biden — responsible for the current state of the U.S. economy, even as Trump tries to redirect the blame.

Even Kamala Harris, the most recent Democratic standard-bearer as their 2024 nominee, is named less often in paid media this cycle than Biden. And among other potential future Democratic presidential candidates, only California Gov. Gavin Newsom and Ocasio-Cortez appear as Republican foils — and not as often as Harris or Biden.

Ocasio-Cortez is often mentioned by Republicans in the same sentence as Sanders, especially when the GOP seeks to tie Democrats in battleground races to the party’s progressive wing. In Michigan’s hotly contested Senate race, former public health official Abdul El-Sayed was endorsed by both — something his opponent Mike Rogers and GOP outside groups have seized on.

“El Sayed is endorsed by extreme liberals like AOC, Elizabeth Warren, and Bernie Sanders,” one recent ad from the conservative super PAC Sentinel Action Fund says.

Some Republicans have sought to run against the progressives even when there are no such ties: One ad that ran earlier this year from Texas Gov. Greg Abbott and the state’s GOP comptroller promised to stand up to Ocasio-Cortez, Sanders and the “new radical left.” Neither Sanders nor Ocasio-Cortez have endorsed in either race.

Most often, the GOP has run ads seeking to tie Democratic candidates to socialism or communism — the concepts themselves — in dozens of House battleground races and nearly every major Senate race. Just this week, the Trump administration launched a national $20 million DHS-funded campaign-style ad spree that features Trump lambasting “communism, socialism, and Marxism.”

But when it comes to specific political figures — like Mamdani, New York City’s mayor — it gets complicated. Republicans once salivated at the prospect of Mamdani as a foil when he was first elected last year. But his first year in office has largely boosted his standing with voters, complicating efforts to turn his tenure into a negative for Democrats.

Trump’s surprising continued embrace of the New York City mayor — just last week, the president stood by Mamdani and said he hoped he would “be a great mayor” — has further complicated GOP efforts to paint him as a villain.

In a handful of swingy New York congressional districts, Republicans have still attempted to tie their opponents to Mamdani, while Democrats have pushed back on the connection. In New York’s 21st District, which Trump won by more than 20 points two years ago, Democratic dairy farmer Blake Gendebien ran an ad arguing that his Republican opponent wants voters to think he’s “running against Zohran Mamdani” but “that’s a load of bull.”

The GOP has characterized prominent Democrats as socialist for decades. As progressives won a series of contested primaries this year, some Democrats worried the rise of figures with ties to the Democratic Socialists of America would give Republicans easy ammunition for the general election.

But being called a “socialist” may not have the same shock value it once did.

“I don’t think just calling a candidate ‘socialist’ works that well for Republicans, particularly this late in the game,” said Matt Towery, a longtime GOP pollster. “If a candidate focuses on parts of the DSA’s platform and can authentically pin it on their opponent, that might work. But Republicans just assume people have a bad reaction to the term socialist, and the term doesn’t elicit the same reaction it used to.”

Politics

‘A slow-moving car crash:’ Republicans are wary of the $200 million-plus price tag to save Ken Paxton

Published

18 hours ago

October 3, 2026

Blue Light Newsroom

Republicans know they have to spend big to save Ken Paxton. They’re increasingly worried MAGA Inc. won’t throw down in time.

In private conversations over recent weeks, senior Hill Republicans and GOP officials have nudged President Donald Trump’s team to start spending more on the Texas Senate race before it’s too late, according to three people with direct knowledge of those conversations, who were granted anonymity to discuss them.

Those fears escalated after audio leaked of Paxton privately trashing Trump’s midterm convention, with some worrying it could impact whether MAGA Inc. continues spending after a current wave of GOP ad bookings run out Oct. 12.

A Trump operative told Blue Light News that MAGA Inc. and its affiliates are expected to spend near $45 million on direct mail, TV, and digital advertising in Texas through Oct. 12, an increase from its previous $20 million to boost Paxton. But they said the team is still assessing how much more money to send in the final weeks, in consultation with Senate Republicans and their top super PAC, the Senate Leadership Fund.

The Trump operative, who like others in this article was granted anonymity to speak candidly, would not commit to any plans when asked by Blue Light News.

With national Democrats starting to finally spend for their Senate nominee, James Talarico, after months of holding off, and as polling of the race tightens, Republicans expect the cost of salvaging Paxton’s campaign will only skyrocket. And, they’ve started to panic.

“It’s a five-alarm fire, no doubt,” one GOP senator said. “Can we put it out? I hope so.”

“This is a slow-moving car crash that we’re witnessing right now,” a Republican strategist in the state said. “And there’s a 75% chance that the ultimate result here will be catastrophic from a GOP Senate majority standpoint.”

A fourth Republican, a national operative, spoke to the urgency factor: “While it’s money we shouldn’t have needed to spend, it needs to be spent now,” said a national GOP operative, describing the state as more winnable than North Carolina, Georgia and potentially Ohio.

Even with a massive war chest, Texas is turning into a huge money sink for the GOP that senators worry could hurt them in other tight races as they work to defend deep-red states and try to flip blue seats in Michigan and New Hampshire.

Trump himself nodded to some of the concerns at a rally just across the Texas border in Oklahoma Thursday night, saying those voters aren’t the ones he’s concerned about.

“We’re worried about Michigan. We’re worried about Texas,” he told the crowd. “We’re worried about a few states.”The president is scheduled to visit Texas again next week for a rally in San Antonio next Wednesday.

SLF poured another $60 million into Texas on Wednesday, bringing its total expenditure there to a record-breaking $131 million. With the MAGA Inc. money and additional GOP ad reservations, the race is already on track to top $200 million from outside Republican groups hoping to save Paxton. Paxton’s own campaign recently announced a $20 million ad buy — one of the largest single media investments in a Texas Senate race.

Some Republicans want MAGA Inc. to take over spending for Paxton in Texas in the final few weeks, so SLF can focus its resources elsewhere. MAGA Inc. could also funnel money into SLF’s recently established Texas PAC. But, according to two people with direct knowledge of that matter, that hasn’t happened.

“At some point I think the people spending that money are going to have to make hard choices and figure out where the money can have the biggest impact, and certainly Texas is the most expensive,” Sen. John Cornyn, who lost to Trump-backed Paxton in the primary, recently told POLITICO.

SLF Executive Director Alex Latcham indicated to Blue Light News the group will keep spending in Texas: “Senate Leadership Fund’s investment through Texas PAC affirms our commitment to maintaining the Republican majority and defeating Far-Left liberals like James Talarico.”

But Republicans’ money concerns have been complicated by Paxton himself. A growing number of GOP senators and top operatives have been stunned by what they described as unforced errors by the Texas Senate nominee. For example, he crossed one of the brightest red lines with Trump, telling a group of donors that “everybody’s numbers dropped” after the president’s GOP convention in Dallas last month, according to the audio leak reported by The New York Times.

“There seems to be very little strategy there,” said another Republican senator, granted anonymity to candidly discuss the race. “Sometimes, I think [Paxton] wants to lose.”

The White House did not respond to a request for comment.

Trump, while on his way to Texas to tour a motor facility on Thursday, told reporters he hadn’t talked to Paxton about his convention comments. Later, he told a crowd in Texas that “Ken Paxton was at my side more than anybody, and I have to always remember that because he can be a pain in the ass sometimes. I’ll be honest.”

Sen. Ted Cruz (R-Texas) told reporters this week that he hadn’t seen the audio of Paxton trashing Trump’s convention. He acknowledged the stakes in his home state were high — and that the influx of cash is key.

“The reason that it is a serious race and a close race right now is that for several months the Democrats were massively outspending us,” he said, “and I am glad now that we are seeing money invested in communicating with the voters.”

The White House has attempted to reassure concerned senators, with chief of staff Susie Wiles telling Senate Republicans this week that there will be enough money available for competitive races in the final stretch, according to two people with knowledge of the meeting.

GOP operatives in both Michigan and New Hampshire said they feel that some of the cash being shoveled toward Texas should be going to their states instead. Most polls show Republicans running narrowly behind or neck and neck in both states, even though they hold a spending advantage on the airwaves there.

“We’re focusing so much on ‘we’ve got to put this money into Texas.’ Why? We’ve never had a problem in Texas. Let’s focus on taking back a seat we haven’t had in years,” said an ally of former Sen. John E. Sununu, who’s in a tight race against Democratic Rep. Chris Pappas. “There are real chances in Michigan and New Hampshire,” said the person, who was granted anonymity to speak candidly about the dynamics.

Sununu’s campaign did not respond to a request for comment.

Latcham, who heads SLF, said that “Texas PAC is a dedicated effort that will not take resources from our other ongoing investments across the Senate map.”

Recent polling still shows the Texas Senate race with a razor-thin margin. Most public polling over the past two months shows Talarico with an edge, though Paxton’s campaign released an internal poll Tuesday that shows Paxton leading by three points among likely voters, 48% to 45%.

“I don’t think the needle has moved in the last month,” said one Texas Republican elected official, granted anonymity to speak frankly. “Unless it’s the worst polling that’s ever been done in political history, all this spend hasn’t changed anything, and I think people have made their mind up.”

Lisa Kashinsky, Samuel Benson, Alex Gangitano and Kelsey Brugger contributed to this report.