Priebus promises to cut RNC debt down to “only” 5 million dollars

As of the end of February, the Republican National Committee (RNC) still owes $21 million from the 2010 campaign cycle, but never fear, because Republican National Committee Chairman Reince Priebus is coming to the rescue!

Priebus has pledged to cut the RNC’s debt down to “only” $5 million while also saying he wants to have “tens of millions” in cash on hand by the end of 2011, so it’s not clear whether his focus will be on paying down the RNC’s debt or amassing tens of millions of dollars