A little bit of sunshine in a dark time
by digby
I know this is dark in and of itself, but it's the best I can do today:
OpenSecrets, a non-profit research organization, has conducted an audit of the National Rifle Association and found that the powerful lobbying group might be facing a budgetary squeeze as higher outlays are coming in conflict with shrinking revenue. Ironically, the organization’s problems are an byproduct of its most successful year ever, 2016. During that presidential election year, the NRA functioned as a key dark money group, funneling more than $30 million to Donald Trump’s successful bid for the presidency.
As OpenSecrets notes, “The NRA’s massive 2016 push was part of what ultimately became a $100 million spike in the group’s outlays between 2015 and 2016. But that spending wasn’t matched with similar growth in revenue, leaving the NRA with a deficit of more than $14.8 million.”
After Trump’s election, the NRA found itself in a budgetary trap because membership started to go down, a natural result of the fact that gun owners have less to worry about with Republicans controlling all three branches of government. Revenue from members shrank to $128 million in 2017, a plunge from around $163 million in 2016. There are signs the NRA is scaling back its spending in the 2018 midterms. They’ve only spent $2.7 million this year, a sharp reduction from the $10.7 million they spent at the same point in the last midterms in 2014.
“Their current business model cannot be sustained the way it is going,” Ohio State University accounting professor Brian Mittendorf told OpenSecrets.
Also they probably aren't getting as much of that "oligarch money" as they had been, now that Trump is installed in the White House to do their bidding. It's a shame.
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