RNC raises $19 million, still owes $17.5 million

[xchrom]

http://hosted.ap.org/dynamic/stories/U/US_REPUBLICANS_MONEY?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-07-18-11-24-16

WASHINGTON (AP) -- The Republican National Committee raised $19 million in the past three months but is still $17.5 million in debt.

The committee said Monday that it had raised $36.6 million this year, including $19 million in the second quarter, and had $7.3 million in the bank. RNC chairman Reince Priebus started his term in January with almost $25 million in red ink and has paid down $6.7 million.

The RNC's goal is to build up a fund to give to the party's eventual presidential nominee who will face President Barack Obama and his deep-pocketed re-election campaign.

The Democratic National Committee raised $38 million in the same April-to-June fundraising period. The DNC has $21.4 million in the bank.



***that's about all there is to the article.

[HopeHoops]

1. Well shit. That's the first surplus the GOP has shown in many decades.

[demwing]

2. Surplus? They're 17 million in debt...

[HopeHoops]

5. Put it in perspective and use GOP logic - that's a surplus for them.

[no_hypocrisy]

3. If the Masters of the RNC won't pay their taxes,

they're also not going to pay the RNC all they're due.

They're consistent . . . .

[FLPanhandle]

4. They run their party like they ran the government

Deep into debt.