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Demo Party Nears Bankruptcy in 1977 Finance Report
The Democratic National Committee shows a fragile financial state amid Carter administration spending. Six months data reveal cash on hand around $50,000 versus the Republicans’ $2.5 million, with current debt near $198,400 and long-term obligations over $2.1 million. The DNC reports limited success from a new National Finance Council, raising only $132,000 in June while aiming for $400,000 monthly in July through September.
MENTIONED IN THIS ARTICLE
N.Y
Washington
White House
Congress
Democratic National Committee
Republican National Committee
Republicans
National Finance Council
St. Louis
Washington, D.C
Joel McCleary
Republican Committee
William E. Simon
the Treasury
Max Fisher
Detroit
Claire Chennault
William E. Brock