NRA Exposed: Uncovering of deepening financial problems

Abolish the NRA Sign

An examination of the NRA’s 2018 financial report by the Washington Post, uncovered indications of growing financial problems in the organization. For example, they cut back in funding of gun training, politics and legal expenses; yet they continued to spend extraordinary amounts on administrative costs. While their membership dues brought in more revenue last year, they continued to run a deficit for the past three years.

The weakening of NRA power is a key to better gun laws. Besides this, of similar importance is to kick out the crutch of the NRA, used by Republicans to get themselves re-elected.

From the Washington Post

The records show that the NRA froze its pension plan for employees at the end of last year, a move that saved it close to $13 million, and obtained a $28 million line of credit by borrowing against its Virginia headquarters.

The group also pulled back from politics, spending just $9.4 million during the 2018 midterm elections, down from $27 million in the 2014 midterms, according to campaign finance filings compiled by the nonpartisan Center for Responsive Politics.