Here’s yet another reason why the GOP might not have as big a year as they thought in 2010:

An internal Republican National Committee document obtained by CNN paints a damning picture of the committee’s financial standing compared to the past five election cycles.

The document, pulled together during a recent review sparked by concerns over RNC spending practices, said the committee had $12.5 million in cash on hand at the end of April.

By comparison, the average cash on hand at the end of April from 2002-2009 was $40.4 million.

Yeah, 2010 is shaping up to be better and better for Democrats….

 

3 Responses to The RNC’s cash flow problems continue

  1. Justsaying says:

    Well, $12.5 million is QUITE impressive, if you are looking at the cash-on-hand balance of a major U.S. Senate race is a big sized state. But, that’s about all.

  2. AF says:

    The republicans have farmed out their communications and other efforts traditionally carried out by the party to orgs like Fox News and The US Chamber of Commerce, which has hundreds of millions of dollars to spend in elections now. They don’t need the party anymore.

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