« Report on the argument in Preminger v. V.A. | Main | Alabama: another county with an absentee ballot investigation »

More bad news for the NRCC on the money front

DailyKos quotes a report from Roll Call: The [National Republican Congressional] committee will need to hire an outside firm to conduct a standard audit of its books for 2007, and until that audit is complete, the NRCC will not be able to take out any bank loans to fund independent expenditure campaigns in late-breaking races ...

The ability to obtain a line of credit, while standard practice for a national party committee, could be particularly important for the NRCC this fall. The committee had $6.7 million in cash on hand as of April 30 and has 30 open seats to defend and several incumbents being threatened by the cash-flush Democratic Congressional Campaign Committee. -- Daily Kos: State of the Nation

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)