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?
--- SoupGate-Win32 v1.05
* Origin: fsxNet Usenet Gateway (21:1/5)