The Republican National Committee has just over $5 million in the bank
for the final stretch of the 2010 midterm election campaign, according
to an unannounced filing with the FEC disclosed Friday night.
The report also indicates that the national party headed by embattled
chairman Michael Steele is carrying just over $2 million in debt.
There was no press release from the RNC attempting to put a positive
spin on the grim numbers. Rather, officials from the Democratic
National Committee flagged the RNC's report, which was posted on the
Federal Election Commission’s website Friday night.
It indicated that the committee brought in slightly more than $5.5
million in July — less than half of what the DNC raised — while
spending $11 million.
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