Fresh off of their stunning defeat in Georgia, where a congressional candidate heavily bankrolled by California Democrats lost to his Republican opponent during a runoff election Tuesday, a new report revealed that the Democrat National Committee suffered its worst fundraising performance for the month of May in over a decade.
“The DNC raised $4.29 million in May of this year, according to data recently released by the Federal Election Commission,” LifeZette reported. “It is the weakest take for national Democrats since May of 2003, when the party raised a paltry $2.7 million.”
Furthermore, this decline in fundraising appears to be a trend. As noted by LifeZette, in April the DNC suffered its worst fundraising performance for that month since 2009, raising only $4.7 million.
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A month earlier the committee raised a more impressive $12.7 million, briefly outperforming the Republican National Committee.
The one common factor in the DNC’s gradually eroding fundraising numbers appears to be chairman Tom Perez, who was elected to his post in February, a month before the decline began.
Interestingly, as the DNC’s fundraising has declined, the Republican National Committee’s has gone up, raising a stunning … [STORY CONTINUES ON NEXT PAGE WITH VIDEO]