The Georgia GOP should be flush with cash. Republicans control every branch of Georgia government and all the trappings of power that come with it. But the party’s finances are still in the tank — and that could have big implications in the fight over the organization’s future.
Federal financial disclosure data filed after the election show the party had about $126,000 in cash on hand and roughly $227,000 in debt — a far cry from the millions of dollars the state’s dominant political party once commanded.
Election victors are usually in the pole position to refill their campaign coffers after the votes. And Georgia Republicans have had a string of successes, sweeping every statewide office in 2010 and 2014, cementing U.S. Sen. Johnny Isakson’s victory and delivering Donald Trump a 5-point win in November.
And yet the party’s financial fortunes have fallen since 2010, when it had about $2 million in the bank. And while the bank account has recovered from a nadir of just $11,403 in December 2015, some Republican officials are raising sharp questions.
“The Georgia GOP is broke,” said Alex Johnson, who is running for a third time to lead the organization. “We cannot advocate fiscal responsibility while spending more than we take in. We must lead by example if we expect to raise money and remain solvent.”
And consider this reaction from Jay Morgan, who was executive director of the Georgia GOP in the 1990s: