DNC's November $$
ShareThe Democratic National Committee raised a handsome $5.3 million in November but spend nearly eighty percent of its haul, according to documents filed today with the Federal Election Commission.
The DNC reports about $7 million cash on hand.
The party has spent hundreds of thousands of dollars to train dozens of new organizers and communications directors. The DNC has full-time staff in 30 states today. Much of the cost for the program, which chair Howard Dean has claimed as a legacy, is frontloaded, DNC officials say. They want to reassure campaign managers in particular that the party will have plenty left in '06 for coordinated campaigns.
A side note: The DNC will soon announce the hire of a new finance director.
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