Saturday, October 23, 2010

RNC millions in debt as election nears

And people expect them to be fiscally responsible because of what?

CBS News:
The repugican national cabal reports more debt than cash on hand for the period ending Sept. 30, a weak financial foundation for a party entering the homestretch of the midterm election campaign.

In documents filed with the Federal Election Commission, the party said it had $3.4 million in the bank but $4.6 million in debts. The rnc reported raising $9.6 million during September and took out a $2.5 million dollar loan.

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