As Long as Debbie Wasserman Schultz Is DNC Chair, the Party Is Bound to Fail

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5. Report: Less Than 1% of Clinton Fundraising Venture Goes to State Parties

The Bernie Sanders campaign has launched a petition urging the Hillary Clinton campaign to transfer money raised by her massive joint fundraising venture to state parties. This comes after a Politico investigation into the unprecedented fundraising vehicle Clinton formed with state parties found less than 1 percent of the $61 million raised by the venture has actually gone to the state parties. The Hillary Victory Fund is a joint venture between the Democratic National Committee, 32 state committees and Clinton’s campaign. It allows Clinton to collect massive donations at events like the recent dinner at George and Amal Clooney’s house. But it turns out that of the $3.8 million the victory fund has transferred to the state parties, 88 percent of it was quickly moved back to the DNC by the Clinton staffer who controls the committee.

http://www.democracynow.org/2016/5/4/headlines/report_less_than_1_of_clinton_fundraising_venture_goes_to_state_parties