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WASHINGTON — The Republican National Committee’s $5.5 million in July receipts includes a $900,000 insurance payment, helping boost anemic fundraising by the national party.
The insurance payment was from Illinois National Insurance, a subsidiary of insurance giant American International Group. A party official said the money was for an insurance claim but said there was a confidentiality provision in the agreement.
Even with the claim, the RNC’s receipts were less than half the $11.6 million raised by the Democrats. Federal campaign reports show the Democratic Party reported $10.8 million in the bank and $3.5 million in debts; Republicans showed $5.3 million in the bank and $2.2 million in debts.
