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NRSC Pays Off Debt

June 16, 2011

The National Republican Senatorial Committee has paid off its debt load and is the first of the six campaign committees to free itself of debt this cycle.

The NRSC has closed the books on the month of May and made its final payment on the $6.5 million in debt the committee carried into this year, according to an email from the committee's executive director Rob Jesmer to NRSC Chairman John Cornyn obtained by Hotline On Call.

In 2009, the NRSC also paid down their debt by May but received a $2 million transfer from the RNC that year and also had nearly $2 million more in debt this year.

Through May, the NRSC has raised a total of $17.74 million, according to the email obtained by On Call. Through April, the DSCC had raised more than $14.5 million and ended the month with $6 million in the bank and $4.3 million in debt. The NRSC had raised $14.65 million through April with $1.38 million cash on hand and $1 million in debt.

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