The Wall Street Journal has the tale.
Today, a year and a half after the 2012 elections, the Democratic National Committee owes its creditors $15 million. It closed out the 2012 election season owing $22 million, and after all this time, it’s only paid down a third of that debt.
Today, a year and a half after the 2012 elections, the Republican National Committee owes its creditors…zip. Nada. The RNC has no debt. It also closed out the 2012 election season with…wait for it…no debt. The RNC, in fact, had $3 million cash on hand.