Source:
Daily CallerApril 7, 2010
Former RNC official: Steele struck a deal with Michigan GOP to increase fundraising numbers, possibly to circumvent federal funding limits
By Alex Pappas — The Daily Caller | Published: 04/07/10 at 2:19 AM | Updated: 04/07/10 at 2:08 PM
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The Republican National Committee at the end of last year struck a deal with the Michigan Republican Party that if the state party could raise what turned out to be a half a million dollars for the RNC from its donors, the committee would immediately give the money back, in a scheme apparently devised to increase the RNC’s 2009 fundraising numbers.
“It was a known secret that a deal had been struck on the topic,” a former RNC official confirmed to The Daily Caller.
“I think the benefit to them was them getting guaranteed money,” the source said of the Michigan GOP, “and the benefit to the RNC was getting higher fundraising numbers.”
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The allegations appear to be backed up by FEC reports: Fifteen donors from Michigan maxed out their donations to the committee on a single day —Dec. 31 — the last day of 2009 — giving $456,000 to the committee. Over the next two months, $500,000 was disbursed back from the RNC’s coffers to those of the Michigan Republican Party, with $250,000 given in January and another $250,000 disbursed in February.
Read more:
http://dailycaller.com/2010/04/07/former-rnc-official-steele-struck-a-deal-with-michigan-gop-to-increase-fundraising-numbers-possibly-to-circumvent-federal-funding-limits/