Md. Republican Party remains saddled with debt, report shows
The Maryland Republican Party is starting the election year still saddled with debt and at a major financial disadvantage compared to the state's Democrats.
The GOP reported having less than $14,300 in cash sitting in two state accounts as of mid-month -- with about $147,000 in unpaid bills and outstanding loans. The party reported just $264.37 in a separately maintained federal account.
The Maryland Democratic Party, by contrast, had more than $900,000 banked in those corresponding three accounts and reported no debts. A spokesman said cash on hand has actually grown to about $950,000 in the weeks since the report was filed.
The state parties traditionally use their money to identify likely voters and help get them to the polls during election years.
Audrey E. Scott, who became chairwoman of the Maryland GOP in mid-November, said she was "enormously pleased" with the progress the party has made since she took over and said donors have become energized with the upset Republican Senate win in Massachusetts.
"I expect an enormous uptick next month," Scott said. "People are walking in the door giving us checks."
January 22, 2010; 1:13 PM ET
Categories: John Wagner , Republican Party
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