RNC Borrows $5 Million For Senate Races
October 28th, 2008 • Related • Filed Under
The Republican National Committee has taken out a $5 million line of credit to help fund last minute efforts to keep Senate Democrats from winning a filibuster-proof 60 seat majority, according to an official with the committee.
Of the $5 million, $2 million is being directly transferred to the National Republican Senatorial Committee while $3 million is being devoted to coordinated expenditures that began over the last week.
“This effort not only helps fortify senators but it’s good for the whole Republican ticket,” said the RNC official, speaking on the condition of anonymity. “This is an investment in the entire ticket in addition to an unprecedented get out the vote effort.”
