The Democratic National Committee enters the final stretch before the 2026 midterms deeper in a financial hole than at any comparable point in recent memory. As of the latest Federal Election Commission filings covering activity through June 30, the DNC reported roughly $16.3 million in cash on hand against approximately $18.5 million in debt—a net negative position of more than $2 million. By contrast, the Republican National Committee sits on $128.5 million in cash with zer