Dewhurst: The turn-around weve seen is nothing short of incredible.Texas Insider Report: AUSTIN Texas Doing more than simply talking the fiscally conservative talk Texas Lt. Governor David Dewhurst & Republican Party of Texas Chairman Steve Munisteri recently walked-the walk in announcing the Republican Party of Texas has created its own Rainy Day Fund.
The swing voters independents when you look at the Tea Party members they overwhelmingly want to see less spending reduction of the National Debt on the state level that means not spending more money than you take in repeal of ObamaCare and solutions that truly solve problems. Literally live within our means to craft a government thats the size the people of Texas want at a price they can pay for.
Below is RPT Chairman Munisteris comments regarding the Republican Party of Texas Rainy Day Fund announcement:
Today the Republican Party of Texas is solvent and we are rapidly approaching another important day when we can announce that all of the partys debt has been eliminated. 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.
I am happy to announce today that the Republican Party of Texas is establishing just that - a Rainy Day financial contingency fund in the initial amount of $100000.
We have already set aside an amount equivalent to the $100000 raised by Governor Dewhurst and purchased a CD which cannot be cashed in for a year - a copy of which is before you. It is our hope to continue growing this fund by adding an additional $100000 each year.
We thank Governor Dewhurst for his own leadership in these areas and also for his generosity in helping to raise the money for this fund!
Three weeks ago on November 2nd the Republican Party had a record setting night. We elected not only the largest number of Republicans ever in the State House of Representatives but also the largest number of Republicans statewide in the history of the Republican Party of Texas.
There can be no doubt that our candidates contributors and volunteers deserve the bulk of the credit but I sincerely believe that a revitalized Republican Party of Texas played a significant role in these successes.
These efforts would not have been possible without the help of numerous officeholders major donors our Grassroots Club and our Debt Busters Committee. With their help the RPT was able to solve its financial problems and use our resources to send over 2000000 pieces of direct mail make over one million phone calls provide direct candidate assistance and recruit over 2000 volunteers we called Texas Trailblazers who knocked on doors made live telephone calls etc.
Lt. Governor David Dewhurst was one of the primary reasons for turning around the financial fortunes of the RPT and for allowing us to have the resources to compete in the fall elections.
Specifically Lt. Governor Dewhurst contributed $65000 from his campaign funds directly to the Republican Party soon after I was elected chairman at a time when the party was in a desperate need for financial assistance. Additionally he personally helped raise another $100000 for the RPT - clearly he deserves much credit for our successes this election by his actions.
Governor Dewhurst has taken an active interest in helping us solve the partys past financial problems but has also graciously agreed to continue helping the state party in the future to ensure that these financial difficulties do not resurface.
What he wisely suggested is that the $100000 of funds that he had raised be put aside into a Rainy Day fund to only be used in emergency to prevent the party from ever going in debt in the future.