DNC Scraps Midterm Convention, Shifts Focus to Grassroots

0:00On March 3rd, the Democratic National Committee has scrapped plans for a mid-term convention as it struggles with fundraising ahead of the 20-26 mid-terms. Party leaders say they'll shift focus to grassroots work in key states instead. Meanwhile, the Republican National Committee holds a $100 million cash advantage over Democrats right now. DNC Chair Ken Martin shared the decision during a Monday afternoon conference call. The party's finances got so tight that even took out a $15 million loan to boost races in Virginia and New Jersey last year, which Democrats ended up winning. DNC leaders are framing it as a smart move, claiming they tricked Republicans into holding their own convention and wasting resources there. On the flip side, Republicans spokespeople point out Democrats lack both the money and the stomach to showcase their agenda publicly. In other party news, Democrats named five finalist cities for their 20-28 presidential convention from August 7th to 10th, Atlanta, Boston, Chicago, Denver, and Philadelphia.

1:05Republicans haven't revealed plans for their mid-term gathering yet. This shift highlights how money woes are reshaping both party strategies as they gear up for tougher battles down the road.