HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » California GOP debt could...

Wed Feb 13, 2013, 09:37 PM

California GOP debt could be as high as $800,000

Source: Sacramento Bee

To rebuild the California Republican Party, Jim Brulte will first have to climb out from under a mountain of debt.

The former GOP Senate leader, who is expected to take helm of the embattled party next month, said Wednesday that the CRP is between $500,000 and $800,000 in the red, a figure he says could vary based on the potential for legal battles with former vendors.

"This is more like a bankruptcy workout," Brulte said of setting up party infrastructure as chairman. "First of all you have to pay off your debt, hopefully while you're doing programs simultaneously. We have to increase our income and reduce our expenses, that's just prudent."

Brulte's estimate, which he said was based on briefings he's received, suggests a much more dire financial situation than the one depicted by the party's latest campaign finance filings, which showed its primary committee inching back into the black after a difficult year. Anemic fundraising and cash issues forced the party to lay off staff months before the November election because of cash issues. It now employs just three full-time staff members, two of whom work out of their homes.

Read more: http://blogs.sacbee.com/capitolalertlatest/2013/02/brulte-california-gop-debt-could-be-as-high-as-800000.html

5 replies, 625 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 5 replies Author Time Post
Reply California GOP debt could be as high as $800,000 (Original post)
Newsjock Feb 2013 OP
TxVietVet Feb 2013 #1
shraby Feb 2013 #2
NBachers Feb 2013 #3
Tikki Feb 2013 #4
kestrel91316 Feb 2013 #5

Response to Newsjock (Original post)

Wed Feb 13, 2013, 09:42 PM

1. The conservanazis in California can no longer win statewide races, it is said.

Demographics and their fascist rhetoric has done them in. Damn the luck.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Newsjock (Original post)

Wed Feb 13, 2013, 09:48 PM

2. The party of fiscal responsibility~

how's that working out for ya? Is that hopey changey stuff?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Newsjock (Original post)

Wed Feb 13, 2013, 09:50 PM

3. Just close up shop & go home already. Do some manufacturing, or something productive with your lives

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Newsjock (Original post)

Wed Feb 13, 2013, 09:53 PM

4. Can't arnul or kelsey or one of those loonies bail them out?




Tikki

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Newsjock (Original post)

Wed Feb 13, 2013, 11:31 PM

5. As California goes, so goes the nation (or so we hope).

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread