Apparently the salad days are upon the South Dakota Democrat Party with their new executive director, Berk Ermergerd, or whatever his name is. Because they seem to be spending money like they have it in their latest report filed with the Federal Elections Commission yesterday:
Starting with $43,321.12 cash on hand, Democrats added a reasonable $24,722.65 to the total for $68,043.77. And then they spent $48,061.98, leaving them less than they raised with $19,981.79. In comparison, the State Republican Party is sitting on $82,683.13 in their federal account, and unlike Democrats, they usually keep a healthy amount in their state account while Dems traditionally don’t.
Dems are trending into dangerous territory, as of the $24-25K they brought in, only $6,781.48 was money they actually raised, and $17,941.17 was their monthly welfare check. $15k came in from the Democrats Grassroots Victory Fund, and $2,941 from the DNC.
This month state Dems did write the big and bad check to the Federal Elections Commission for their $7,200 fine levied for campaign finance violations.
That might attribute for some of their extremely high cash burn rate this month, but when you take in $24.7k, and spend $41k plus a $7200 fine, even without the fine, the spending is still not sustainable without a significant turnaround in income.
Stay tuned for more.