More Shady Accounting by DeLay -- Who Would've Thunk It?
WASHINGTON (AP) -- A political committee founded by House Majority Leader Tom DeLay may have improperly spent unregulated "soft money" on get-out-the-vote and fund-raising activities, the Federal Election Commission says. A DeLay attorney said Thursday the money has been reimbursed.Article continues online at CNN.
Americans for a Republican Majority Political Action Committee "potentially" spent about $203,000 in soft money from its nonfederal account to pay for the political activities and administrative expenses, the FEC found in an audit.
Pretty standard stuff here; nothing we haven't seen before. I'm fairly certain that if I "potentially spent" $203,000 on something I would probably know it.
Anyway, here's the line that just cracks me up every time I read it: "Everything in this audit is accounting issues," [Don] McGahn [DeLay's lawyer] said.
Um, Don, I'm not sure if you're familiar with what a financial audit is, but...