In a memo sent to vendors Tuesday, the Republican National Committee’s chief administrative officer acknowledged that the committee is facing a “cashflow challenge” and that many of those who provided political services to it during the 2010 election would not be paid this week as originally planned.
“We will not be able to pay off the vendors this week,” wrote RNC Chief Administrative Officer Boyd Rutherford to Derek Flowers, a member of the RNC’s political team, in an email obtained by the Fix. “We will be slow in paying as we are having a cashflow challenge. Everyone will be slow paid until after the first of the year.”
Flowers, in another email to the RNC’s vendors, wrote that while his original intention was to stay on at the committee until all bills were paid, he would in fact be leaving the RNC today.
Full Story: The Fix – RNC official admits to a “cashflow challenge”