DNC fundraising numbers are out and it’s bad. Really bad…

For the month of October, the DNC raised $9 million with $8.7 million cash on hand. Republicans raised $25.3 million with $61.4 cash on hand during the same time period. That’s over 7X the amount of cash on hand.

FEC reports also indicate the RNC has no debt and the DNC has around $7 million in debt, essentially wiping out the DNC’s cash on hand.

Liz Harrington makes a great point about the timing of the announcement.