The Grand Old Party has gotten some grand old cash in its grand old purse. Fresh numbers from the Republican National Committee (RNC) reveal that the party raised $8.74 million in September and has $18.9 million cash on hand and $0 debt. Wait. What? That was $0 debt, which might seem like only a theoretical concept in our kajillion-dollar age. But it’s for real.
The numbers are straightforward and healthy. The RNC averaged 2,400 new donors per day in September, an off-year record and an increase of about 2,000 new donors per day since February. The average contribution in September was $36.
“We have been working hard to establish a new brand,” says RNC Chairman Michael S. Steele. “It is clear that the Republican message of lower taxes, less spending and commonsense health care reform resonates with working families and small businesses alarmed by the course the president and congressional Democrats have taken.”