Five million in immediate debts, and another ten million in an activated letter of credit that will need to be paid off next year. Free advice to the people wanting to be paid: get that money NOW, because the DNC isn’t going to want to pay it and Obama for America simply won’t. Free advice to Duke Energy Corp (the corporation that gave the Democrats the letter of credit): remember the several years of aggravation that you’re about to go through the next time that the Democrats ask you for money. Free advice to the DNC… no, sorry, as long as Debbie Wasserman Schultz is your chairwoman you’re pretty much screwed.
Lovely day today, isn’t it? – Says the man comfortably certain that the DNC gets to start the next election cycle ten million extra bucks in the hole.