On Thursday, Politico reported the formation of a new mega joint fundraising committee called the Democratic Grassroots Victory Fund. This joint fundraising committee will solicit contributions to benefit the Democratic National Committee, as well as state parties in all 50 states and the District of Columbia.
Because of its structure, the new Democratic Grassroots Victory Fund appears to be able to solicit more than $540,000 per individual donor per year — or about $1.1 million per year from married couples. Some couples may be able to donate more than $2 million to this group before the 2018 election. These figures could increase even more — by hundreds of thousands of dollars — if the Democratic National Committee also uses this joint fundraising operation to raise money for its building and recount funds.