Is the Tea Party going broke?

Tea Party groups have run into a fund-raising wall, reports Politico. Will that limit their impact on American politics this fall?

The Tea Party's funds shortage may stem from a lack of support from wealthy conservative donors.
(Image credit: Corbis)

The Tea Party movement's push to reshape American politics has hit a big obstacle — money. As cash-strapped Tea Party groups gear up to back fiscally conservative candidates in the midterm elections, reports Politico, they're finding that their anti-establishment supporters resist traditional fundraising methods, and that most big-money conservative donors prefer to give directly to the Republican Party. Will the Tea Party's financial problems limit its influence? (Watch an MSNBC discussion about Tea Party enthusiasm)

Yes, this movement isn't financially viable: The antics of the movement's protesters have made it toxic to the major donors who bankroll conservative politics, says Jamilah King at Color Lines magazine. The Tea Party's "core principles" may have staying power, but as a political force its days are numbered.

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