(CNN) – Newly-installed Republican National Committee Chairman Reince Priebus has a $23-million hole to dig out of, according to a year-end report the organization filed with the Federal Elections Commission.
According to the official report, the committee has over $21 million debt with about $700,000 cash-on-hand. But in a statement Monday Priebus acknowledged the RNC’s cash woes are even worse than the report reflects.
Washington (CNN) - Michael Steele broke a weeks-long silence Monday night and announced that he will seek a second term as chairman of the Republican National Committee.
Steele revealed his intentions in a lengthy private conference call with RNC members, several of whom relayed the news to CNN.
Washington (CNN) - Gentry Collins, the Republican National Committee's ex-political director, will enter the race to replace Chairman Michael Steele on Monday, sources close to Collins told CNN.
Collins, a veteran political operative, resigned his RNC post last month with a blistering letter to Steele which accused the controversial chairman of poor financial oversight that may have cost the GOP several House seats in the midterm elections.
(CNN) – As he contemplates reelection for a second term heading up the Republican National Committee, Michael Steele is lashing out at fellow members of his party who he says "don't want me in this job."
(CNN) - Republican National Committee chairman Michael Steele is crediting grassroots efforts and the involvement of state Republican Parties with fueling major GOP gains across the country, just hours after Republicans gained control of the House of Representatives in the midterm elections.
"It has been a long time coming since we've had this taste of victory in our mouths," Steele said in a conference call with reporters, adding that Republicans were "humbled" by the opportunity to govern again.
(CNN) - The Republican National Committee raised $10.3 million in September, dramatically up from their August total but far less than the $16 million the Democratic National Committee brought in last month.
An RNC spokesman confirmed the numbers to CNN Friday. Earlier Friday a Republican source with knowledge of the numbers put the total at $9.7 million, which was first reported by the Hill.
(CNN) - When the Norwegian Nobel Committee announced a year ago this month that President Obama would be awarded the Nobel Peace Prize, Michael Steele criticized the decision and pointedly asked what had Obama accomplished to deserve such a high honor?
It was a predictable response from the Republican National Committee chairman, who is charged with being overtly political on such matters, much in the same way the Democratic National Committee chairman trains his fire daily on GOP lawmakers and policies.
Washington (CNN) - The Supreme Court has affirmed a congressional ban on "soft money"– the unlimited contributions to political parties for so-called "party-building" activities.
The justices in a brief order rejected an appeal from the Republican Party, urging the court to quickly step in and decide whether the soft money ban was unconstitutional. This after the Supreme Court in January eased long-standing restrictions on "independent spending" by corporations and unions in political campaigns.
The conservative majority ruling gave big business, unions and non-profits more power to spend freely in federal elections, threatening a century of government efforts to regulate the power of corporations to bankroll American politics.
Washington (CNN) - A federal ban on "soft money" campaign donations to political parties can remain in place, a special federal court panel ruled Friday.
The decision preserves a key provision of the McCain-Feingold campaign reform act, which limits contributions to national, state, and local political parties. The case is likely to reach the Supreme Court in coming months.
In a separate and equally important court ruling, the federal government is still prevented from limiting donations to independent political groups.
These are the first two court rulings on campaign spending since a landmark Supreme Court decision on corporate campaign spending in January.
Washington (CNN) –– The Republican National Committee will begin running radio ads in parts of Pennsylvania Thursday, a day before President Obama heads to Allentown to make remarks on the economy.
The 60-second ads will run for two days, an RNC official tells CNN. The committee is expected to announce the radio ads soon.
"Earlier this year, President Obama and Arlen Specter passed a $787 billion stimulus package that has created more growth in government instead of creating jobs for Pennsylvanian families," RNC Chairman Michael Steele said in a statement that will accompany the news advisory announcing the buy. "Nearly 11 months after their big-government spending experiment, unemployment in Pennsylvania has only continued to rise. President Obama and Arlen Specter spent $787 billion in taxpayers' money, and have nothing to show for it. To make matters worse, they want a second stimulus. As President Obama and Washington bureaucrats roll into Allentown, they need to tell Pennsylvania families why the economy has gone from bad to worse under their watch."
The president is holding a jobs forum at the White House on Thursday, where he will meet with representatives from the business and financial industries as well as labor unions. Friday to president heads to Allentown, the first stop of what the Administration terms a "White House to Main Street" tour that will take Obama to cities and towns across the country.
See full script after the jump.