Elisabeth Meinecke
The RNC General Session is underway this Friday, and Townhall.com is on scene to give you the latest news.

Quick refresher: Four candidates are  up right now against Michael Steele to be the next RNC chairman: Reince Priebus, Saul Anuzis, Ann Wagner, Maria Cino (who has Speaker Boehner's backing).

A big challenge facing whoever becomes the next chairman is the RNC's debt.  The committee addressed that during the opening of the session, saying they have about $6 million in debt to vendors, and $15 million in bank notes. One $5 million note was due this February, but the RNC has been able to negotiate a due date of Feb 2012. Another $5 million note comes due in June, and the third is due in May 2012.

What do you think?  How important should the debt feature in the election of chairman?

Elisabeth Meinecke

Elisabeth Meinecke is TOWNHALL MAGAZINE Managing Editor. Follow her on Twitter @lismeinecke.