RNC faces $20 million debt in 2011

[harvey007]

Source: Washington Times

The next chairman of the Republican National Committee will face a money-raising challenge of historic proportions.

The unreleased official budget of the RNC reveals that the Republican party's national governing body and premier fund-raising apparatus begins the 2011-2012 presidential election cycle more than $20 million in the hole.

"A record for any year in the past 30 years," RNC chairman candidate and former Deputy U.S. Transportation Secretary Maria Cino told The Washington Times.

Read more: http://www.washingtontimes.com/news/2011/jan/2/rnc-faces-20-million-debt-2011/

[Thor_MN]

1. Official GOP policy : Deficiets don't matter

Of course, it helps to have corporations able to pay you unlimited ammounts to purchase your services.

[alp227]

6. haha you beat me to it

Keep in mind, though, that some Tea Party supporters also are dismissive of the GOP because of news like this and Bush's shopping spree through the 2000s paid for by a Chinese credit card.

[peacebird]

2. doesn't matter at all now that corporations can donate freely.

I expect the GOP to do very well in the current payola-style system. They always put out for the corporations and in the last election cycle the corporations put out for them in a HUGE way.

[Jackpine Radical]

3. Somebody needs to have a look

in Michael Steele's freezer.

[rurallib]

4. calling the Koch Brothers. Need some pocket change!

and don't tell me there are laws against that big of a donation. Laws are for the little people.

[JBoy]

5. Who's holding that debt? Would be hilarious if they foreclosed.

[RKP5637]

7. SCOTUS paved the way for them to be well funded by corporations, they will

have no difficulties.

[WingDinger]

8. Why the hell can't the Wikileaks show a few Rethug shakedowns?

[onehandle]

9. Chump change. The real money is in outside PACs. nt

[zbdent]

10. Damn ... and I thought Michael Steele had hidden the credit cards ...

[Hawkeye-X]

11. I want the RNC to be dissolved, and renamed the TeaBag Party

and we'll just use the standard "teabag" posters (true meaning of teabagging)

Or go in 2b in debt by 2012.

Come on, fuckers, I want you to GO AWAY for good.

[AlinPA]

12. They don't need any money except the corporations' billions thanks to the SC ruling. nt

[bemildred]

13. Time for austerity at the RNC I see. nt

[muntrv]

14. RNC, why can't you live within your means?

[Doctor_J]

15. A single bankster can write a check for this tomorrow

is this supposed to mean something?

[defendandprotect]

16. That's usually the state of right wing enterprises .... but stolen elections covers that -- !!

[Kievan Rus]

17. Not to worry -- the U.S. Chamber of Commerce will bail them out

[eridani]

18. Doesn't mean squat. Secret corporate groups have taken over most funding of Repub candidates n/t

[No Elephants]

19. Yep and groups led by the likes of Rove are fund-raising.

Good luck with your re-election bid, Uncle Michael.