Politics

RNC document reveals bleak financial standing

Pat McMahon Contributor
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Washington (CNN) – An internal Republican National Committee document obtained by CNN paints a damning picture of the committee’s financial standing compared to the past five election cycles.

The document, pulled together during a recent review sparked by concerns over RNC spending practices, said the committee had $12.5 million in cash on hand at the end of April.

By comparison, the average cash on hand at the end of April from 2002-2009 was $40.4 million. And that average includes the odd numbered years when there are fewer election contests.

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