amalgamated bank of new york

DNC Chips Away at Debt, NRCC Has Receipts Chipped Away

The two major national political party committees reported similar fundraising receipts during April, but the House Republican committee reported lower fundraising results than the Democrats.  

The Democratic National Committee  (DNC) reported  receipts of $9.3 million and disbursements of $11.2 million during April, leaving $7.9 million cash on hand as of April 30th, with $8.7 in outstanding debts. Small contributions from persons giving $200 or less accounted for $4.5 million of the receipts. California itemized donors provided $1.1 million. The committee repaid $3,750,000 on a loan from Amalgamated Bank of New York. They repaid $1,875,000 on April 1st and April 30th.