Oklahoma Democrats can help whittle their party’s debt down to five figures. But they have to act quickly.
Party Chairman Lisa Pryor says she has negotiated a settlement agreement with one of the party’s last remaining large creditors to wipe out a $97,000 obligation if the party can come up with $50,000.
The offer expires today.
When Pryor was elected state Democratic Party chairman in May 2005, she found the party was about $540,000 in debt. The latest papers filed with the Federal Election Commission show the party’s debt is $158,592.
Pryor said she would like to erase the remaining debt by the time her term expires in May.
“I don’t know if we’re going to be completely debt free, but we’re going to be close,” said Pryor, who earlier this month announced she is not planning on seeking re-election.