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The Republican National Committee failed to report more than $7 million in debt to the Federal Election Commission in recent months - a move that made its bottom line appear healthier than it is heading into the midterm elections and that also raises the prospect of a hefty fine.

In a memo to RNC budget committee members, RNC Treasurer Randy Pullen on Tuesday accused Chairman Michael S. Steele and his chief of staff, Michael Leavitt, of trying to conceal the information from him by ordering staff not to communicate with the treasurer - a charge RNC officials deny.

Mr. Pullen told the members that he had discovered $3.3 million in debt from April and $3.8 million from May, which he said had led him to file erroneous reports with the FEC. He amended the FEC filings Tuesday.

Campaign-finance analysts said that simply misreporting fundraising numbers to the FEC can lead to millions of dollars in fines and that criminal charges can be levied if the actions are suspected to be intentional.

"This is significant because the civil penalties could mean big fines that take a significant bite out of the RNC's finances close to the November congressional elections, when state parties need the RNC's financial help for their 'victory' programs," said former FEC Commissioner Hans A. von Spakovsky.

Skjellyfetti wrote:I guess one way to be fiscally conservative is to creatively hide your debt. :coffee

The Republican National Committee failed to report more than $7 million in debt to the Federal Election Commission in recent months - a move that made its bottom line appear healthier than it is heading into the midterm elections and that also raises the prospect of a hefty fine.

In a memo to RNC budget committee members, RNC Treasurer Randy Pullen on Tuesday accused Chairman Michael S. Steele and his chief of staff, Michael Leavitt, of trying to conceal the information from him by ordering staff not to communicate with the treasurer - a charge RNC officials deny.

Mr. Pullen told the members that he had discovered $3.3 million in debt from April and $3.8 million from May, which he said had led him to file erroneous reports with the FEC. He amended the FEC filings Tuesday.

Campaign-finance analysts said that simply misreporting fundraising numbers to the FEC can lead to millions of dollars in fines and that criminal charges can be levied if the actions are suspected to be intentional.

"This is significant because the civil penalties could mean big fines that take a significant bite out of the RNC's finances close to the November congressional elections, when state parties need the RNC's financial help for their 'victory' programs," said former FEC Commissioner Hans A. von Spakovsky.

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Cluck U wrote:

Skjellyfetti wrote:I guess one way to be fiscally conservative is to creatively hide your debt. :coffee



http://www.washingtontimes.com/news/201 ... bt/?page=1" onclick="window.open(this.href);return false;

Typical politicians. Vote them all out and throw the other half in jail.

And yes, "all" + "the other half" = all-and-a-half...but you gotta' get some of the people behind the people behind the people.

ASUG8 wrote:Kinda like Obama's initial appointees who had difficulty remembering to pay their taxes.

SuperHornet wrote:

ASUG8 wrote:Kinda like Obama's initial appointees who had difficulty remembering to pay their taxes.

travelinman67 wrote:Jellydonut...

...the new UNHatecat.

D1B wrote:Tman, you've turned into a boring pussy and a crying little girl.

89Hen wrote:

D1B wrote:Tman, you've turned into a boring pussy and a crying little girl.

If there's EVER been a more clearcut case of "it takes one to know one"...

D1B wrote:Everyone here loves me.

89Hen wrote:

D1B wrote:Everyone here loves me.

Better to be delusional than settle for the truth.

Grizalltheway wrote:

89Hen wrote: Better to be delusional than settle for the truth.

Funny, that's the mantra of the deeply religious.

D1B wrote:"Nice one G."

travelinman67 wrote:

D1B wrote:"Nice one G."

"King" of fools...

Cluck U wrote:

travelinman67 wrote:
"King" of fools...

Holy Crap...does that Elvis have camel toe?

kalm wrote:

Cluck U wrote:
Holy Crap...does that Elvis have camel toe?

Hides the twig but not the berries.

D1B wrote:

travelinman67 wrote:Jellydonut...

...the new UNHatecat.

Tman, you've turned into a boring pussy and a crying little girl. God forbid a fucking republican is BAD with money! You and Z are a couple of assholes. It's a shame.