Rigs11
01-07-2010, 09:25 PM
The GOP spends like a drunken sailor and we are supposed to trust you with the economy?ROFL!
Worst RNC cash flow in a decade
By Aaron Blake - 01/06/10 06:00 AM ET
A 2009 spending spree has left the Republican National Committee (RNC) with its worst election-year cash flow this decade.
The largest GOP party committee has $8.7 million in the bank heading into an election year with 37 governors’ races, a dozen major Senate contests, dozens more in the House and an all-important redistricting cycle on the horizon
Said one RNC official: “It is very troubling, and the thing is, most people don’t understand this. But it is really troubling.”
The RNC had $22.8 million in cash and no debt when Michael Steele was elected chairman at the end of January, but has since seen its cash on hand drop to less than $9 million at the end of November.
continued...
http://thehill.com/homenews/campaign/74507-worst-rnc-cash-flow-in-a-decade
Worst RNC cash flow in a decade
By Aaron Blake - 01/06/10 06:00 AM ET
A 2009 spending spree has left the Republican National Committee (RNC) with its worst election-year cash flow this decade.
The largest GOP party committee has $8.7 million in the bank heading into an election year with 37 governors’ races, a dozen major Senate contests, dozens more in the House and an all-important redistricting cycle on the horizon
Said one RNC official: “It is very troubling, and the thing is, most people don’t understand this. But it is really troubling.”
The RNC had $22.8 million in cash and no debt when Michael Steele was elected chairman at the end of January, but has since seen its cash on hand drop to less than $9 million at the end of November.
continued...
http://thehill.com/homenews/campaign/74507-worst-rnc-cash-flow-in-a-decade