GOP Is Completely Screwed As Multiple State Republican Parties Head Towards Bankruptcy

Multiple state Republican Parties across the country are finding it harder and harder to operate as they run out of money. And most of them happen to be swing states that are going to be crucial to Republican success in this year's elections. Running deficits that far outweigh their cash on hand, these parties are being forced to cut back on campaigning and candidate funding just to pay off their debts. Ring of Fire's Farron Cousins explains how bad the problem is.

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

Multiple Republican lawmakers at the federal level have come out in recent months talking about the fact that, one, we got nothing to campaign on. Two, we're not addressing the concerns of the voters. And of course three we're probably wasted a little too much time with the Hunter Biden and the Joe Biden impeachment and all of that. But the Republican Party has a much bigger problem than their lack of accomplishments in Washington DC state level. Republican parties, the lifeblood of the Republican Party itself, state Republican parties across the country are going bankrupt in state after state. The Republican party is running into the same problem. First of all, we got no money. Second of all, we got lots of debt. And third and most important, where the hell are our donors? See what's happened with the Republican party is that a lot of the big money Republican donors that the parties counted on for decades now to keep 'em flush with cash, have simply pulled their money out because they don't like Donald Trump.

Now, that does, of course, leave the door open, and I think this will probably happen once we get closer to the election. The millionaires, the billionaires, the corporations are gonna say, ah, alright, fine, here's some cash. So they may get more cash in the future. Question is with how bad some of these state parties are doing, are they gonna be able to raise enough to even pay their debts, let alone run campaigns? Here's how bad it is. In Arizona, the Republican party has $14,800 in the bank. In Michigan, the Republican party has $93,000 in the bank. In Minnesota.

In Minnesota, the Republican party, according to their most recent filing, has $53. Not 53,000, not $5,353. I have more money in my bank account than the entire Republican Party of Minnesota. The Colorado Republican Party is facing eviction from their office headquarters in the state of Colorado. 'cause they don't have enough money to pay their rent. in Massachusetts, the Republican party does in fact have $70,000 in the bank. That's not bad, but they have $400,000 in debts to vendors. Uh, the Florida Republican Party says it is nearly broke. or sources actually say that it is essentially broke. So we're not talking about, you know, oh, the South Dakota Republican Party has no money, but it's okay. Republicans will win that state. Michigan, Arizona, Colorado, Florida, those are swing states. Folks. Florida, not so much, but these are swing state Republican parties

That have no money. Like Minnesota, you got no money, you got 53 bucks. So yeah, I would say the Republican Party has a lot of problems as we head into election season. If these state parties do not have money, they cannot run state level ads. They cannot give money to their candidates. They cannot function. And if they cannot function, they cannot win elections. At least not as effectively as if they actually had a little bit of operating cash. The Republican Party is going bankrupt, and it's all because of their allegiance to Donald Trump because as we've seen throughout his history, most everything that Donald Trump touches ends up in bankruptcy.