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The Nexus
POLITICSJul 27 · 16:42 UTCFOX NEWS POLITICS

Debt-ridden Democrats tap a surprising asset as collateral for $15M loan

The Democratic National Committee (DNC) secured a $15 million loan using its headquarters as collateral amid significant debt, with an additional $5 million available. The DNC holds $18.5 million in debt and $16.3 million in cash, contrasting sharply with the Republican National Committee's $128.5 million in cash and no debt.

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Democratic National CommitteeorganizationRepublican National CommitteeorganizationDemocratic Congressional Campaign CommitteeorganizationFederal Election CommissionorganizationNOTUSorganization$15 million loantopicheadquartersplace
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Debt-ridden Democrats tap a surprising asset as collateral for $15M loan · The Nexus