What is the national governing body for athletics?

The Republican Party's national governing body the RNC is $20mil in the red. Are these the folks who bray about fiscal responsibility?

• The unreleased official budget of the RNC reveals that the Republican Party's national governing body and premier fundraising apparatus begins the 2011-12 presidential election cycle more than $20 million in the hole. "A record for any year in the past 30 years," Maria Cino, a candidate for the RNC chairmanship and a former deputy transportation secretary, told The Washington Times. The budget was approved by RNC Chairman Michael S. Steele's Budget Committee. The document also reveals that the RNC will enter the 2012 presidential election year at least $10 million in arrears. "That is also unheard of in 30 years for a presidential year — or for that matter, any congressional election year," Ms. Cino said. http://www.washingtontimes.com/news/2011/jan/2/rnc-sees-deep-red-for-2012-budget/?page=1

• Answer:

  According to the Federal Election Commission, both the RNC (Republicans) and the DNC (Democrats) ended the 2010 year $15 Million in debt. With both parties being so close in their spending and fund raising, I can't help but wonder what the DNC's 2011-2012 budget looks like. Probably very similar. Doesn't make it right, though. http://www.politico.com/news/stories/1210/45898.html