Democratic Socialists of America faces dire ‘financial crisis’


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A left-wing group affiliated with Rep. Alexandria-Ocasio Cortez, D-NY, and other prominent congressional members is facing a dire cash crunch that could lead to people losing their jobs, according to a report.

The Democratic Socialists of America (DSA), of which Ocasio-Cortez is a member, is staring down a significant “financial crisis” that has forced some leaders to put forth a drastic proposal to protect its bottom line. 

“We will cut $500,000 from staff-related expenses,” a proposal propelled by individuals on its National Political Committee says. “We will first ask for volunteers from both director-level and bargaining unit staff to have their position cut and receive severance.”

“If necessary, we will then explore initiating lay-offs according to the DSA union’s contract,” the members wrote. 

EX-AOC AIDE LINED POCKETS WITH NEARLY $140K FROM HIS PAC WHILE SPENDING LITTLE ON ITS MISSION

Rep. Ocasio-Cortez is perhaps the most well-known member of DSA, which is allegedly facing a financial crisis. ( (Photo by Lev Radin/Pacific Press/LightRocket via Getty Images))

The organization’s financial troubles, which the New York Post first reported, allegedly put the leaders in a position where they have no option but to slash their budget, potentially leading to job losses among their ranks.

“DSA is in a financial crisis and staff-related costs account for 58% of our total expenditures and 72% of our projected income,” DSA members Alex Pellitteri, Kristin Schall and Laura Wadlin wrote in the proposal.

“The current deficit will force us to make 7-figure budget cuts. This will require us to make painful decisions that will impact all levels of the organization.… Given…


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