Democratic Socialists of America faces dire ‘financial crisis’

A report says a left-wing group affiliated with Rep. Alexandria Ocasio-Cortez (D-N.Y.) and other prominent members of Congress is facing serious financial difficulties that could lead to people losing their jobs. There is.

The Democratic Socialists of America (DSA), of which Ocasio-Cortez is a member, is facing a major “financial crisis,” forcing some leaders to come up with drastic proposals to protect its bottom line. .

The proposal, promoted by individuals on the National Political Committee, says it would “cut $500,000 from payroll costs.” “We will begin by asking volunteers, both at the director level and bargaining unit staff, to reduce their positions and receive severance pay.”

“If necessary, we will consider initiating layoffs in accordance with the DSA union contract,” the union members wrote.

The former AOC aide spent little on the mission, but pocketed nearly $140,000 from the pack.

Due to the organization's financial difficulties, new york post It was first reported that leaders would be forced to cut their budgets, which could lead to job losses for top executives.

“DSA is in a financial crisis, with payroll costs accounting for 58% of total expenses and 72% of projected revenues,” DSA members Alex Pellitteri, Kristin Schall and Laura Wadlin wrote in the proposal. ing.

“The current budget deficit will force us to make seven-figure budget cuts, which will require us to make tough decisions that will impact every level of the organization.…Our current financial position “We do not believe that we can maintain a healthy and democratic system given the current time spent on staff and achieve an effective organization,” they added.

AOC's PAC funds thousands to destructive climate protest group

Ocasio-Cortez is a member of Congress, along with a handful of others, including Reps. Rashida Tlaib, Cori Bush and Greg Casar. (Photo by Drew Angerer/Getty Images)

“If necessary, we will consider initiating layoffs in accordance with the DSA union contract,” the proposal continued. “Whether it is resolved: The human resources committee will be responsible for determining the number and type of positions that will be subject to acquisition or layoff, and the human resources committee will assist with logistics and staff transition planning.”

Ocasio-Cortez's office and DSA did not immediately respond to Fox News Digital's requests for comment.

Since Hamas brutally invaded Israel in October, DSA's response to the attack has been in the headlines. One of the founding members, Maurice Isserman, subsequently left the group due to their actions.

“I set out to protest the DSA leadership's politically and morally bankrupt response to Hamas's horrifying anti-Semitic pogrom of October 7. In this scourge, 1,400, mostly civilians, Lives were claimed and more than 200 hostages were taken to Gaza, with both groups including children “and infants,” Isserman wrote in late October.

A founding member of the Democratic Socialists of America has severed ties with the organization, condemning it over its response to Hamas' attacks on Israeli citizens. (DSA photo: Spencer Platt/Getty Images, Hamas photo: Chris McGrath/Getty Images)

“The Oct. 7 statement made no mention of Hamas, much less any criticism, and instead said, “Today's events are about the Israeli apartheid regime, which has lost billions of dollars in funding from the United States.'' “This is a direct result of the regime we are subjected to,” he said. .

CLICK HERE TO GET THE FOX NEWS APP

In addition to Ocasio-Cortez, other Democrats are members of the group, including Reps. Rashida Tlaib of Michigan, Cori Bush of Missouri, and Greg Casar of Texas.