Report: GOP "Broke," Expecting To Lose More House Seats By Greg Sargent - September 25, 2007, 12:11PM Last week we brought you word that GOP House leader John Boehner and NRCC chief Tom Cole were locked in a power struggle for control of the NRCC amid increasing signs that NRCC strategists are in denial about just how bad the 2008 map looks for them.
Now there's more. Top Republicans are conceding that the NRCC is all but broke and that another bloodletting is all but certain. As GOP Rep. Ray LaHood puts it with startling candor: “When you look at what’s going on in the House, the prospects for getting back on track are pretty dim at the moment."
Ouch.
Late Update: The latest numbers from the party committees tell the story:
"At the end of August, the National Republican Congressional Committee reported only $1.6 million cash on hand, with $4 million in debt. The Democratic Congressional Campaign Committee, by comparison, had banked over $22 million, with only $3 million in debt."
In other words, the DCCC has around $19 million, while the NRCC is in the red.