In Massachusetts, Politico reported that the state GOP has racked up more than $400,000 in debts to vendors and had less than $70,000 in the bank.
I see a pattern.
In only a matter of a few months, the party is essentially non-functional and, worse yet, the party and others associated with the party are now facing potential civil and criminal consequences for breaking laws.
This is exactly what they're excellent at. Spending other people's money with no real plan to recoup it, hoping the next big sucker will come along and bail them out to a golden parachute before the floor falls out.
But now the floor is falling and someone has to hold the bag. It's probably not going to be any billionaires.
It would be pretty easy for anyone to do a hostile takeover of the Libertarian Party. Anyone can register as a member and according to Wikipedia they have about 700,000 actual members. Billionaires and the Mitt Romney/Mike Pence/Ted Cruz wing of the GOP could swoop in and leave the name 'Republican' to the MAGoos.
A recent draft report shared by insiders with MLive in early December said that the party was on "the brink of bankruptcy."
There are two competitive seats on the line in the Grand Canyon State's House of Representatives this year, where Republicans currently have a 31-29 majority.
A 2023 report by Politico revealed that the Colorado GOP was also struggling and facing eviction from its office because it could not pay rent, Deputy Chief of Staff Roger Hudson said.
Fundraising might not be Ziegler's number one issue as Florida lawmakers will vote on removing him on Monday following allegations that he raped a woman who had been sexually involved with him and his wife.
In addition to financial issues, the Michigan state GOP recently descended into chaos and infighting after a vote to remove its chair, Kristina Karamo, a 2020 election denier and ally of Trump, who is the party's leading 2024 candidate.
Newsweek reached out to the state Republican parties of Arizona, Colorado, Florida, Michigan and Massachusetts by email on Monday for comment.
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