Priebus Wipes Out RNC's Debt

Kudos to Chairman Reince Priebus for putting the Republican National Committee back in the black. The Hill's Cameron Joseph has more:

Republicans enjoyed a historic election in November 2010, but when Priebus took over a couple of months later, the RNC was $23 million in debt. Many donors had stopped giving to the RNC, which had been tarnished by various high-profile controversies. 

Priebus has brought them back, wiping out the RNC’s debt.

The RNC kept pace with the Democratic National Committee (DNC) in 2011. The GOP committee has $20 million in the bank and $13 million in debt, while the DNC has $12.5 million in cash on hand and $6.5 million in debt.

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published this page in In The News 2012-02-16 15:32:26 -0500
Analysis & Political Strategy