Deficit Spending – RNC Style

These are the people who were elected to put the nation’s economy back on track?

Washington (CNN) – The Republican National Committee raised $5.2 million last month, but still is saddled with a debt of more than $21 million from the 2010 midterm elections.

The RNC was able to pay $1 million toward reducing the debt in February, but received an additional $1 million in invoices from 2010 that left its financial position virtually unchanged, according to a report that will be filed this afternoon with the Federal Election Commission. CNN was provided the data prior to the filing.

Originally posted 2011-03-21 02:00:13.