“The Democratic National Committee is entering the 2026 midterm election year at a staggering financial disadvantage, trailing the Republican National Committee by nearly $100 million,” the New York Times reports.
“The Democratic National Committee entered 2026 in debt. It reported $14 million in the bank, with $17.5 million in debt — putting the party in the red by roughly $3.5 million.”
“In contrast, the Republican National Committee had $95.1 million and no debt.”
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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.
Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.
Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.
Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.
Goddard is the owner of Goddard Media LLC.