DESPERATE: Joe Six-Pack can't even get a loan BUT... GOP takes out loan to help Senate candidates

[gatorboy]

And does this mean China owns the Republican party now? :P


http://www.huffingtonpost.com/2008/10/28/gop-takes-out-loan-to-hel_n_138680.html


WASHINGTON — The Republican National Committee is taking out a $5 million line of credit to help Senate Republican incumbents who are facing re-election difficulties.

The national party committee plans to give $2 million directly to the National Republican Senatorial Committee for the final days before the Nov. 4 elections, party officials said Tuesday. It also plans to spend $3 million in coordination with several Senate Republican campaigns. Officials would not disclose which races they intend to assist with the money.

At least eight Republican-held seats could switch to the Democratic Party, according to polls. The NRSC has been outspent by its Democratic Party counterpart. It also has been short of cash to give a hand to its troubled candidates.