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Democrats Use Own HQ as Collateral for $15M Loan Amid Financial Woes

The Democratic National Committee has tapped its headquarters as collateral for a $15 million loan amid significant debt and falling behind their Republican counterpart.

Democratic leaders have tapped their party's headquarters as collateral to secure a $15 million loan amid significant debt and a decline in fundraising compared to their Republican counterpart, the Democratic National Committee is struggling financially as it falls behind its GOP equivalent.

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