Budget Debate Heats Up as RNC Tries to Adopt New One

Elisabeth Meinecke
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Posted: Jan 14, 2011 11:34 AM
Two delegates are objecting to the RNC budget. One gentleman from Texas says he can't support a budget till he sees real commitment to reduce the deficit and wasn't convinced he saw that in a budget discussion yesterday.

He said he predicted the last budge would put the RNC $16 million in debt (they are around $20 million in debt).

His objections to the new budget: it only reduces line of credit payment to 1/3, does not include the vendor bills that will come due, and predicts that that this budget will put the RNC in debt by $12 million going into 2012.

Others have stood up to defend the budget, saying this body approved the credit knowing what would happen but that 2010 was a once-in-a-lifetime opportunity. They're calling it a bare-bones floor budget and have a plan to begin paying off the debt.

The 2011 budget was adopted anyway. The meeting has recessed briefly.