RNC Is Broke

Michael Steele is the one Republican I want still employed. I think Steele is doing a heck of a job.

The troubled Republican National Committee has just over $5 million in the bank for the final stretch of the 2010 mid-term election campaign, according to an unannounced filing with the FEC disclosed Friday night.

The report also indicates that the national party headed by embattled chairman Michael Steele is carrying just over $2 million in debt.

Steele previously explained that is gaffes were part of his strategy. I doubt Steele intended to make the RNC broke. Although, it Steele's money management skills will give progressives ammo the next time he complains Democrats aren't fiscally conservative.