Democratic Socialists of America Face $2 Million Deficit Amid Internal Crisis
DSA Leaders Consider Layoffs and Budget Cuts as New York Democrat Celebrates Their Financial Struggles
- The Democratic Socialists of America (DSA) are facing a $2 million deficit, leading to potential layoffs and budget cuts.
- DSA leaders attribute the financial crisis to a downturn in enthusiasm, alleged financial mismanagement by former directors, and a lack of strong leadership figures.
- DSA's financial crisis has been celebrated by Representative Ritchie Torres, a New York Democrat, who has accused the DSA of promoting antisemitism.
- DSA's financial troubles have emerged amid growing support for Palestinians and labor groups across the nation, which DSA leaders believe should have been a favorable time for the organization.
- DSA leaders are considering various measures to address the deficit, including cutting dues share to chapters, slashing the Young Democratic Socialists of America (YDSA) budget, foregoing in-person events, and slashing committee budgets.