Republican National Committee Has Worst Cash Flow in a Decade

Here's news you won't find on FOX.

in reference to:

"The Republican National Committee is heading toward the 2010 elections with the worst cash flow it has seen in a decade, The Hill reports. The party spent $90 million through November of 2009, including on advertising for hard-fought governors' races it won in Virginia and New Jersey. During last year's election alone, the GOP's cash reserves dropped $15 million. It now has $8.7 million in the bank, down from $22 million when current chairman Michael Steele was elected last January, in an election year that holds 37 governor's races, a dozen tough Senate battles and dozens of House contests. "They're spending money at 2002 levels when they are not raising money at those levels," said a GOP operative. "That kind of thing worked when RNC was awash in money, but you can't do that in this environment.""
- Republican National Committee Has Worst Cash Flow in a Decade -- Politics Daily (view on Google Sidewiki)