How the Republican convention created money woes in two cities
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Source: NY Times
WASHINGTON — The abrupt uprooting of the Republican National Convention from Charlotte to Jacksonville has created a tangled financial predicament for party officials as they effectively try to pay for two big events instead of one.
Tens of millions of dollars have already been spent in a city that will now host little more than a G.O.P. business meeting, and donors are wary of opening their wallets again to bankroll a Jacksonville gathering thrown into uncertainty by a surge in coronavirus cases.
Organizers are trying to assuage vexed Republicans who collectively gave millions of dollars for a Charlotte event that has mostly been scrapped. The host committee there has spent virtually all of the $38 million it raised before the convention was moved, leaving almost nothing to return to donors, or to pass on to the new host city.
In Jacksonville, fund-raisers are describing the process as the most difficult they have ever confronted: Florida has been setting daily records for new virus cases, freezing money as donors wait and worry about the safety risks of the pandemic.
Read more: https://www.nytimes.com/2020/07/04/us/politics/republican-convention-jacksonville-charlotte.html
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