Last week I sat through most of the February 1 LNC meeting, covering it for Third Party Watch. Our national party is in serious trouble. Financial? The LNC has a substantial structural deficit, with expenditures considerably larger than income. Acording to the FEC filings, December 2025’s revenue decreased to $58,931. There was also $1900 in bank interest. December Expenses totaled…
Posts tagged as “budget”
An Open Letter from former National Treasurer Todd Hagopian As a former National Treasurer, I am writing this open letter to the members of the LNC. Please do your job. We elected you to make the tough calls, when nobody is looking, not to pass CYA budgets that keep everyone quiet, while pushing the party to the brink of bankruptcy.…
and a few increases. The LNC Treasurer writes on the LNC business list: “I am proposing a series of budget amendments, discussed at the last meeting, for approval as a group.” The motion was made by the National Chair and is now being voted upon. A few notes: The ballot expenses refer only to the current calendar year, where a…