RNC Debt At $23 Million As It Gears Up For 2012

WASHINGTON — The Republican National Committee says it is $23 million in debt as it prepares for the 2012 elections.RNC Chairman Reince Priebus said Monday his committee owes about $8 million to vendors and $15 million to various lende…

WASHINGTON — The Republican National Committee says it is $23 million in debt as it prepares for the 2012 elections.

RNC Chairman Reince Priebus said Monday his committee owes about $8 million to vendors and $15 million to various lenders. Priebus recently succeeded Michael Steele, who oversaw big GOP victories last fall but was criticized for management problems that included poor fundraising and mounting debts.

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