The Democrat National Committee (DNC) has taken out a huge loan in anticipation of next year’s midterms as the party lacks leadership with nothing to show for shutting down the government.

Politico on Thursday cited a filing with the Federal Election Commission regarding the $15 million loan.

“The national party committee framed the line of credit as an early investment to boost its candidates in New Jersey and Virginia earlier this month, and help build up state parties ahead of next year’s midterms. But the need for a loan still puts the DNC in sharp contrast with its GOP counterpart, the Republican National Committee, which was sitting on $86 million at the end of September,” the outlet said.

Politico noted the organization had taken out loans in the past, “although usually not thi

See Full Page