Party of austerity and responsibility is STILL struggling with its own debt

[charlie]

It's such a pissant sum, it surprises me the fat cats can't cover this without a sweat. Is their new Teabag constituency a bunch of tightwallets?

Ahead of RNC vote, GOP officials fret about party’s finances

Republican National Committee officials have apparently dodged a bullet when it comes to handling the party's $21 million debt left over from the 2010 midterm campaign.

A top GOP official tells the National Review's Brian Bolduc that the RNC has renegotiated the terms of one of its outstanding loans, giving the party a little more time to pay it back.

RNC officials had been fretting about how the party would make a coming $5 million loan payment due Feb. 28. But RNC Treasurer Randy Pullen told colleagues at the party's annual winter meeting Wednesday that creditors had agreed to push back the loan's due date by a year, though the RNC will now be on the hook for $375,000 in additional interest.

Still, the party must come up with a $5 million payment on another loan coming due at the end of June. Another $5 million loan is due in June 2012...

http://news.yahoo.com/s/yblog_theticket/20110113/pl_yblog_theticket/ahead-of-rnc-vote-gop-officials-fret-about-partys-finances