DNC fundraising hits the skids

POLITICO: The Democratic National Committee is in the middle of its worst fundraising year in a decade.

The committee’s 2013 cash pace is lagging behind even for a typical off-year, according to a POLITICO analysis of the DNC’s fundraising. And it has barely made a dent in paying down election year debt nearly 10 months after President Barack Obama was reelected…

The DNC remains $18.5 million dollars in debt as of the end of July, according to campaign finance reports filed this week. That’s up from $18.3 million in debt reported in in June. The committee also spent more than it raised in July — taking in $3.9 million but spending about $5.4 million… (more)

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