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TexasTowelie

(112,124 posts)
Sat Dec 31, 2016, 05:41 AM Dec 2016

Georgia Republican Party financial problems set to carry over to 2017

A sweep of the state in 2014 and a new Republican president-elect isn’t enough to bring the Georgia Republican Party from the perils of financial crisis.

The Atlanta Journal-Constitution reports that the party’s finances are still in an abysmal state. The most recent financial disclosures filed by the party show they have nearly two times as much debt as they do cash on hand.

The $126,000 in cash is a stark contrast from the once two million dollar coffer jammed full of funds when Chairman John Padgett took over. The Georgia GOP has operated in the negative for much of Padgett’s tenure, currently showing $227,000 in debt.

The $126,000 is a substantial increase from the $11,403 the party had in December 2015.

On the other side of the aisle, the Georgia Democratic Party has $400,000 in the bank.

Source: http://evans.allongeorgia.com/georgia-republican-party-financial-problems-set-to-carry-over-to-2017/

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Georgia Republican Party financial problems set to carry over to 2017 (Original Post) TexasTowelie Dec 2016 OP
May Their Money Troubles Continue! Vogon_Glory Dec 2016 #1

Vogon_Glory

(9,117 posts)
1. May Their Money Troubles Continue!
Sat Dec 31, 2016, 07:59 AM
Dec 2016

I LIKE the thought of financially-troubled Republican organizations going into the 2018 campaign season bleeding red ink and their candidates facing an angry, wised-up electorate that learned that change for the worse wasn't the sort of change they wanted at all.

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