Republican Party Is Nearly Broke Thanks To Ronna McDaniel's Incompetence

The Republican Party is ending the year 2023 in one of the worst financial situations that they have seen in modern times. The Party has about $7 million cash on hand (after debts are subtracted,) giving them about one-third of what the Democratic Party has on hand. This is all because Ronna McDaniel is such a horrible leader and has overseen some of the worst Republican fundraising and election results over the past 7 years. Ring of Fire's Farron Cousins explains what's happening.

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*This transcript was generated by a third-party transcription software company, so please excuse any typos.

Rona McDaniel might be the worst leader of the Republican Party that I have ever seen in my lifetime. According to the latest financial disclosures of both the Republican Party and the Democratic Party, the RNC and the DNC, the Republican Party has $10 million cash on hand, but a little over $2 million in debt, meaning that they really only have about $7.6 million available. The Republican Party has seven and a half million dollars heading into an election year where they're fighting to take back the Senate. They're fighting to retain control of the house, and of course, they're fighting to take back the White House, and they've got seven and a half million dollars because Rona McDaniel is so stinking bad at her job by comparison, the Democratic Party has a little over $20 million, but about $280,000 worth of debts. So subtract that, and they still have nearly three times as much money as the Republican Party as we head into the election year.

So the Democrats are looking good. Democrats are raising money, plus they have the power of the incumbency in the White House, and the Republicans are over here fighting in the house, pushing an impeachment that even the public says is purely politically motivated. They got Donald Trump who's likely gonna be a convicted felon by the time the voting comes around next year, and they can't raise money because the RNC is admitting we have no small dollar donors left. All we have is corporate money. But what are the corporate money doing right now, folks? Well, they're not happy that Donald Trump is gonna be the nominee. So they've been sitting on all their cash because they don't wanna give it to the Republicans. If Trump's gonna be the guy, now this is gonna change, right? Those corporations, the billionaires, millionaires that aren't giving money right now, when all is said and done, even if it's Donald Trump, they're gonna start giving money because they love tax breaks more than they hate Donald Trump.

So the money's gonna come in for the Republican Party at some point, but it definitely will not be at the same level that we have ever seen. A few years ago, not a few years ago, back in 2015 heading into the 2016 election year, the Republican party had three times as much cash on hand as they do right now. Same thing with 2020. So this is an anomaly for them. They're consistently raising less and less money, and it all goes to the top. Ronna McDaniel is bad at her job. Now, to mention the fact that she is now implicated in Donald Trump's criminal scheme to, uh, overturn the 2020 election results, the phone call in Michigan, she was on that call with Trump telling Canvassers to not certify the election results, promising to get them lawyers she could

Be facing according to Michigan's Secretary of State criminal charges. And that's who you got running your party. So you may end up with a convicted, or at least an indicted on felony charges person at the top of your party. You've got an indicted possibly later on to be convicted person at the top of your ticket. This is what the Republican Party is. It is a party of alleged criminals. That's what we're dealing with. And they're not even good at it. Like that's the worst part. Like if you're gonna have a party of criminals, or at least alleged criminals, at least let them be competent.