Democrats Borrow Money Using Party HQ as Guarantee, While Republicans Sit on $130M

With 100 days until November's midterms, the Democratic Party is about $2 million in debt, while Republicans hold $130 million in cash, The New York Times reports. To borrow $15 million, Democrats put up their Washington headquarters as collateral — meaning the lender could take the building if they can't repay. Party chair Ken Martin called the spending a deliberate investment in winning elections.