11/23/2010 4:36 PM
Republican Party of Texas Chairman Steve Munisteri and Lt. Gov. David Dewhurst unveiled a rainy day fund for the Republican Party of Texas today. The party has established a $100,000 Certificate of Deposit to save for a rainy day. Dewhurst contributed $65,000 directly to RPT and helped to raise an additional $100,000 -- which the party decided to use to open its Rainy Day Fund.
"I have been so impressed with what our new chairman Steve Munisteri has done since June," Dewhurst said. "... The turnaround we've seen is nothing short of incredible ... I'm very anxious to do anything I can to help the party."
Munisteri's statement can be read here. "Today, the Republican Party of Texas is solvent, and we are rapidly approaching another important day when we can announce that all of the party's debt has been eliminated," Munisteri said. "For all his help and leadership, I extend my heartfelt thanks to Governor Dewhurst on behalf of the entire Republican Party, and even today, we look forward to starting work with him in preparing for the 2012 elections."