Whoever wins the RNC chairmanship tomorrow will inherit a committee deeply in debt. According to Reid Wilson of The Hotline, the party faces more than $21.8 million in outstanding debt as of the end of 2010.
But in an ironic twist, the RNC basically raised its own debt ceiling. The committee was scheduled to make a $5 million payment on its debt by the end of February, but has been granted a significant reprieve.
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Tomorrow you'll find out who the "fiscally responsible" replacement to Michael "Wut Up" Steele is.
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