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The HNIC and the RNC’s Cooked Books

The RNC has been reporting for months that it has taken in contributions, and is in a no-debt position…

Turns out the HNIC was lying.

And from their choice of attorneys to defend the RNC against Federal Election Commission fines – it appears the dirt on this one goes a lot deeper than just an accounting error.

Looks like the HNIC could be getting fitted for his very own Orange Jumpsuit!

ASSOCIATED PRESS Republican Party chairman Michael Steele, center, talks with Republican state leaders and volunteers during a visit to the Colorado GOP headquarters in the Greenwood Village south of Denver on Thursday, July 8, 2010.

Did Mikkie Cook the Books?

RNC fails to report $7M in debt to FEC

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. Read the rest of this entry »
 

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