RNC Finances Back in Black After $7.2M Raised in November

Thursday, 22 Dec 2011 12:42 PM

Share:
A    A   |
   Email Us   |
   Print   |
   Forward Article  |
  Copy Shortlink
The Republican National Committee is in the black for the first time in about a year. The RNC pulled in $7.2 million in November and now has $14.1 million in the bank and $13.4 million in debt, The Washington Post reported.

The last time the RNC's bank balance exceeded its debt load was in August 2010. Under the leadership of former Chairman Michael Steele, a number of major donors shut their checkbooks and the RNC was more than $20 million in debt.

“Heading into 2012, the RNC will be operating from a position of significant fiscal strength,” Chairman Reince Priebus said, according to the Post. “The combination of Republican voters’ enthusiasm and the RNC’s robust fundraising makes me confident that we have a winning year ahead of us.”

The Democratic National Committee raised $6.7 million last month, and has $10.5 million in the bank and $7.8 million in debt, the Post reported.

© 2014 Newsmax. All rights reserved.

Share:
   Email Us   |
   Print   |
   Forward Article  |
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Howard Dean: Obamacare Ruined Democrats' Chance to Win House

Wednesday, 16 Apr 2014 09:10 AM

Democrats could have won back the House this fall if it wasn't for the botched Obamacare rollout last October, former Ve . . .

Ted Cruz Emphasizing Core Over Coalition Building for 2016

Wednesday, 16 Apr 2014 07:17 AM

In his nascent run for the 2016 GOP presidential nomination, Texas Republican Sen. Ted Cruz has yet to show he can reach . . .

New Hampshire Senate Race May Reveal Obamacare's Fate

Wednesday, 16 Apr 2014 07:43 AM

The outcome of the New Hampshire U.S. Senate race between Democratic incumbent Sen. Jeanne Shaheen and Republican challe . . .

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved