• RNC seeking new credit line to help climb out of money hole

    From JAB@21:1/5 to All on Sat Jan 27 21:58:18 2024
    RNC seeking new credit line to help climb out of money hole

    The cash-strapped Republican National Committee will consider opening
    a line of credit when members gather for their winter meeting that
    starts Tuesday in Las Vegas, The Washington Times has learned.

    The credit-line question will be put to a vote by RNC members at the
    meeting.

    The RNC's money problems have been mounting since officials announced
    last summer a $15 million shortfall from projected fundraising levels,
    with both big-dollar and small-donor contributions drying up.

    "They're going to ask the members to take a vote on opening up a line
    of credit for the RNC, which would allow the RNC to borrow money," an
    alarmed RNC member told The Times.

    https://www.washingtontimes.com/news/2024/jan/26/rnc-seeking-new-credit-line-to-help-climb-out-of-m/

    with both big-dollar and small-donor contributions drying up

    I wonder why...Trump et.al. sucking them dry?

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