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Schumer even complimented Trump for successfully running on the type of populist platform the Democrats are now trying to tap into and cultivate.

“We’re going to have, tomorrow, a very novel idea of how to create 10 million jobs. There are 10 million Americans looking for good-paying jobs. We’re going to show them how to find them,” Schumer said. “And that’s just the beginning. Week after week, month after month, we’re going to roll out specific pieces here, that are quite different than the Democratic Party you heard in the past. We were too cautious. We were too namby-pamby.”

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“This is sharp, bold, and will appeal … to both the old Obama coalition, let’s say, the young lady who’s just getting out of college, and the Democratic voters who deserted us for Trump, the blue-collar workers,” he added.

Although Schumer and other members of Democratic leadership have expressed their excitement for the upcoming policy proposal, the party still has several significant hurdles blocking its path to renewal.

According to data released from the Federal Election Commission Friday, the Democratic National Committee (DNC) raised a mere $5.5 million during the month of June, while the Republican National Committee (RNC) raked in $13.5 million. During the first six months of 2017, the DNC raised only $38.1 million to the RNC’s $75.4 million in the same amount of time. And although the DNC reported having only $7.5 million cash on hand in late June, the RNC carries $44.7 million on hand.

Under DNC Chairman Tom Perez’s leadership, the DNC experienced its worst May of fundraising in 2017 since May of 2003. The $4.29 million the DNC raised in May 2017 is the weakest take for national Democrats since the paltry $2.7 million it made in the same month 14 years ago. [lz_pagination]