Democratic Socialists of America face ‘financial crisis’ after ‘bleeding activists’, supporting Hamas terrorists

The New York Post revealed that the DSA, which has been leading protests against the Jewish state of Israel since the day after the deadly Oct. 7 massacre by Hamas, is in a “seven-figure hole.”

According to a proposal by members of the DSA’s National Political Committee, that is affiliated with its Marxist Bread and Roses caucus, “We will cut $500,000 from staff-related expenses. 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.”

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

“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 our current financial state, we do not believe we can have a healthy, democratic, and effective organization while spending the amount we currently do on staff.”

“If necessary, we will then explore initiating lay-offs according to the DSA union’s contract. Be it resolved: The Personnel Committee will be responsible for determining the quantity and type of positions to be eligible for buy-out or layoff, and they will assist with logistics and a staff transition plan.”

According to The Post, DSA leaders are being blamed for the organization’s financial crisis after they supported Hamas terrorists and have long supported antisemitic efforts such as the boycott, divestment, and sanctions movement against Israel.

Amanda Berman, founder and executive director of Zioness, a group representing liberal Jews who support Israel, told the outlet, “DSA long ago fell into the trap of becoming so radical in the name of ‘justice’ that they abandoned the mission of the progressive movement.”

She added that members admitted to “…bleeding activists and financial resources” and that “After Hamas’s brutal invasion of Israel on October 7, DSA doubled down on their strategy of going deep and long on antisemitism, thinking it might get them out of the hole. Instead, this depraved idea dug them even deeper."

Berman continued, “True progressives, whether in the grassroots or in political leadership, will continue rejecting this extremist group and its hateful ideas in the name of true justice and equity, including for Jewish Americans.”