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Hold Everything - Paul Hasn't Yet Transferred $250K For Presidential Caucus

Associated Press

Rand Paul's campaign says he hasn't transferred money to the Republican Party of Kentucky despite saying he made a $250,000 installment as part of his pledge to fully fund a proposed GOP presidential caucus in the state, which would allow him to run simultaneously for president and re-election to his Senate seat.

The campaign told media on Tuesday that the money has been set aside in a dedicated fund and will be handed over after the party's central committee approves the caucus plan.

Paul told fellow Kentucky Republicans in a weekend letter that he made a $250,000 installment and pledged another $200,000 to pay for the proposed March 5 caucus in the Bluegrass state.

Committee members are scheduled to vote on the new rules Saturday.

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