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Democrats paid a heavy price to win control of the House of Representatives, going $18 million into debt for the election.
The Democratic Congressional Campaign Committee went into the red despite raising $272 million for the 2018 election, in which its heavy spending helped flip at least 39 House seats to Democrats.
A source with knowledge of the group’s finances confirmed the debt figure to NBC News.
The GOP’s counterpart group also spent heavily on House races, ending the election cycle $12 million in debt, a spokesman for the National Republican Congressional Committee confirmed.
Democrat spending was unusually heavy though, with the DCCC spending at least $100,000 in at least 85 districts.
The group boasted in a press release shortly before the election that it had spent $63.2 million on female candidates and $39 million on ‘diverse, non-white candidates.’
It is not unusual for the DCCC to end an election cycle in debt. The group has recorded at least $10 million in debt at the end of every cycle in the last decade, according to reports filed with the Federal Election Commission
But the debt will mean that the group will have to dig out of the hole before it can begin building its war chest for the 2020 election cycle.
That job will fall to a new DCCC chairperson, who has yet to be selected.
Outgoing DCCC Chair, Rep. Ben Ray Luján (D-N.M.), is vacating the seat to become the Democrats’ new Assistant Majority Leader, the number four position in the House.
A vote to fill the DCCC chair had been scheduled for Wednesday, but one of the candidates, Rep. Sean Patrick Maloney (D-N.Y.), requested a delay due to an unexpected hospitalization.
Other candidates vying to take over the DCCC are Reps. Suzan DelBene (Wash.), Cheri Bustos (Ill.) and Denny Heck (Wash.).
Meanwhile, Nancy Pelosi was overwhelmingly nominated to become House speaker in an internal Democratic caucus vote on Wednesday.
The final tally, 203-32, puts her within range of the 218 threshold needed in January to be elected speaker when the new Congress convenes.