October 14th, 2008
01:54 PM ET
6 years ago

Republicans consider loan to help Senate incumbents

 Analysts say the November election could give Democrats a filibuster-proof majority.
Analysts say the November election could give Democrats a filibuster-proof majority.

(CNN) - Amid a string of polls that suggest Democrats could be in striking distance of reaching a filibuster-proof majority, the Republican National Committee is considering taking out a loan to help endangered senators in key battleground states, a GOP strategist told CNN Tuesday.

The news comes a week after the RNC announced it had raised $66 million in September, its best fundraising month ever. But in an effort to keep pace with Barack Obama's cash advantage over John McCain, those funds are going entirely toward the presidential race.

Related: Can Dems reach 60?

Meanwhile the National Republican Senatorial Committee has been largely outspent by its Democratic counterpart this cycle and the possibility of Democrats getting to the magic number of 60 seats in the Senate has become likely in the wake of the economic crisis.

It's unclear what the size of the loan might be, but Politico reported Monday the amount could be as high as $5 million.


Filed under: Senate
soundoff (95 Responses)
  1. CR in WI

    Will this loan be refunded as part of the bail out?

    They can restructure the loan so that when they get nothing for the $5M, the government will keep them from being underwater. . . .

    October 14, 2008 03:58 pm at 3:58 pm |
  2. Turnabout is fair play

    It will not help you Gas and Oil Party (GOP), Your time is done, ya greedy bastids, it's time for the party that cares for the little people, not the rich, the Democratic Party.

    October 14, 2008 03:59 pm at 3:59 pm |
  3. Ohio Independent

    It is time to send the Republicans packing. They and Bush have made a mess out of our country. McCain and Palin, you should be ashamed of yourself for inciting hate and race into this campaign. My vote is going to Barack and my man Joe Biden...

    October 14, 2008 04:00 pm at 4:00 pm |
  4. Jill

    I don't want my tax dollars helping John McCain in any way, shape or form.
    I have donated to Obama because I believe in him. Not McCain.

    This is just Nuts !!

    October 14, 2008 04:00 pm at 4:00 pm |
  5. FactCheck

    Give Phil Gramm or Rick Davis a call...I'm sure they know some people who know some people...

    October 14, 2008 04:01 pm at 4:01 pm |
  6. Barbara - 65 yr old white female in NC

    I'll yell fraud so loud you'll hear it from here if ONE PENNY goes to ANY republican incumbent. NO NO NO NO NO

    You cannot buy ANY ELECTIONS THIS TIME !!

    October 14, 2008 04:01 pm at 4:01 pm |
  7. Bridgette-PA

    The loan could be 1 trillion dollars and what's that going to do? NOTHING!

    OBAMA/BIDEN 08!

    October 14, 2008 04:01 pm at 4:01 pm |
  8. chuck

    IT IS CALLED BUYING THE ELECTION. IF THEY DO THIS I HOPE AMERICA NEVER VOTES ANOTHER REPUBLICAN INTO OFFICE. EVER!!!!

    October 14, 2008 04:01 pm at 4:01 pm |
  9. Maggie from Virginia

    Now the GOP wants a bailout?

    October 14, 2008 04:02 pm at 4:02 pm |
  10. No McCain/No Palin

    Screw that...no way, no how, no McCain, No Palin and no repubs!

    October 14, 2008 04:03 pm at 4:03 pm |
  11. tulsa

    Remember the old days when the Republican machine was a lock-step monster?

    LOL.... Now I know what it was like to watch the other party devour themselves with in-fighting and stupidity.

    I can only pray that the Democratic party will remember this lesson a bit longer this time.

    Then again, power corrupts.

    October 14, 2008 04:04 pm at 4:04 pm |
  12. facts are facts

    The Republican party has deteriorated over the past 8 years almost to the point of no return. Had McCain ran an honest campaign and made a sensible selection for VP then it might not have been such a disaster.

    The problem the GOP has now is they have absolutely no credibility with anyone either in the U.S. or world wide. They have made themselves into a joke and purveyors of hate and division.

    October 14, 2008 04:04 pm at 4:04 pm |
  13. Spencer/Commonwealth of Virginia

    Virginia will be completely Blue and there is nothing the GOP can do about it.

    October 14, 2008 04:05 pm at 4:05 pm |
  14. Scott in Atlanta

    Please read the article entitled "Make-Believe Maverick" in the October 16th edition of the Rolling Stones magazine. Even though they're a popular music publication, they've had some remarkable insight into the political arena.

    I dare you to read it "That one is a friend of Karl Marxs too"

    And by the way, it's only voter fraud if all the make-believe people show up and vote with make-believe ID's...idiots

    October 14, 2008 04:05 pm at 4:05 pm |
  15. John in Arizona

    Is this another case of Republicans abandoning thier historical opposition to deficit spending? It's another case of spending money they don' t have to correct problems of their own creation. It's been Bush's policy – is it now the official policy of the Republican party?

    October 14, 2008 04:07 pm at 4:07 pm |
  16. Barbara - 65 yr old white female in NC

    NO – NOT THIS TIME ! Republicans are ruining this country and taking away our freedom and our money.

    October 14, 2008 04:08 pm at 4:08 pm |
  17. Happy in Arizona

    NO MORE MONEY FOR REPUBLICANS. THEY CAUSED ALL OF THIS SO LET THEM SUFFER NOW. THEY ASK AMERICANS TO TIGHTEN UP THEIR PURSE STRINGS, WELL THE SAME TO YOU. AS FOR MCCAIN/PALIN, HOW ON EARTH COULD THIS COUNTRY COME UP WITH 2 IGNORANT PEOPLE, ESPECIALLY SAREH. THIS IS A TRAVESTY.

    October 14, 2008 04:09 pm at 4:09 pm |
  18. Dave in Indy

    This isn't a problem that you can just throw money at and it will go away. The GOP put themselves in this position over the past 8 years and voters will remember than going into the booth.

    October 14, 2008 04:10 pm at 4:10 pm |
  19. AMAZED

    You don't mind ACORN buying votes for Obama, though, do you?

    typical.

    hypocrites

    October 14, 2008 04:12 pm at 4:12 pm |
  20. Dee

    If they can't fundraise for themselves, then too bad...don't they have connections and lobbyist friends that they can call?

    Leave the taxpayers alone!!!!

    October 14, 2008 04:12 pm at 4:12 pm |
  21. A Real American

    Why would we allow the Republicans to put into law a bill to help just their people and not the American people, who do they think they are that they care only for getting their people elected.

    Anyone who votes for it is a traitor to America and a total sellout for their party!

    October 14, 2008 04:14 pm at 4:14 pm |
  22. lisa m

    What bank would take it?

    It's not a good debt.

    October 14, 2008 04:14 pm at 4:14 pm |
  23. Tom

    Will the GOP ever quit borrowing more money? You would think the past 8 years would have given them a clue.

    October 14, 2008 04:14 pm at 4:14 pm |
  24. Karen -- WE ARE ONE

    All the Republicans are concern about is keeping their seats while people are losing their houses and NOW THEY WANT TO TAKE OUT A LOAN. FOR THE LOVE OF GOD, what is this world coming to.. Are the Republicans that afraid of Obama getting into the office and shaking up that good ole boys club.

    Americans this is serious, let's get Obama elected so he can clean house.

    October 14, 2008 04:14 pm at 4:14 pm |
  25. A Real American

    She flew over 8 hours back to Alaska to ensure that her child would be a native born Alaskan!

    October 14, 2008 04:16 pm at 4:16 pm |
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