Multiple sources tell NH Journal that the New Hampshire Republican State Committee is on the verge of insolvency. The news was broken to the party’s executive committee at its monthly meeting on Monday night.

One source tells the Journal the party has only $1,300 in its federal account, which is the fund through which it pays staff, overhead and general operating expenses. The party also has a state account, but its balance was unknown at press time.

“This could be the final straw for Jack Kimball,” one top Republican told the Journal.

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