DNC Pledges Headquarters as Collateral for $15M Credit Line, Entering Midterms $2M in Debt Against RNC's $130M

The DNC entered the final 100 days before the November 2026 midterms roughly $2 million in debt while the RNC held about $130 million cash on hand, per The New York Times. DC deed records show the DNC used its Washington headquarters as collateral to secure a $15 million line of credit. Chair Ken Martin called the spending a deliberate investment in electoral assets.