The Buzz: Both the national Democratic and Republican party committees spend about two-thirds of the money they take in on the care and comfort of committee staffs and on efforts to raise more funds, with lavish spending on limousines, expensive hotels, meals and tips, an analysis of the latest financial disclosure data shows.
The Benchmark: The two political committees are not typical nonprofit organizations, and such high spending for overhead is almost unheard of in the nonprofit world. A rule of thumb among nonprofits is that administrative and fundraising costs should consume no more than 20 to 25 percent of income.
Surely, this comes as no surprise to anyone with a thinking brain. About the only difference between the two parties is (1) the name, and (2) whom they choose to hate. It's just that the RNC had the misfortune of using the most licentious meeting venue of late, the lesbian bondage club.
The DNC will catch up soon enough just for the bragging rights if nothing else.
I can see that I need to re-up my WaPo subscription.
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