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Inside the Drama at the Troubled, Broke Democratic Party

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“The Democratic Party is so short on cash that leaders at its headquarters have undertaken a new gambit to mask the severity of the problems: asking vendors not to send bills until after the midterm elections,” the New York Times reports.

“The bookkeeping maneuver, which was described by three people briefed on it, is the latest sign of financial duress for the Democratic National Committee and its embattled leader as money troubles threaten to undercut Democratic momentum with 100 days until the midterms.”

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About Political Wire

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.

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