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The NRA Claims They Are On the Brink of Financial Downfall

The NRA Claims They Are On the Brink of Financial Downfall

A recent court filing done in July has revealed that the NRA is in a financial downfall. Rolling Stone discovered the court filing in which the NRA claims that they could, “be unable to exist or pursue its advocacy mission.” Oddly enough, the trouble has nothing to do with Maria Butina — at least not on the surface.

According to the gun rights group, their financial woes are because of New York State financial regulators. The NRA has been suing New York Gov. Andrew Cuomo since May. The gun advocacy group claims that they have been the victim of a state led, “Blacklisting campaign.” The organization claims that the campaign has cost, “tens of millions of dollars in damages.”

The main damage has come from the group losing its insurance. The NRA warns that without this insurance, it “cannot maintain its physical premises, convene off-site meetings and events, operate educational programs…or hold rallies, conventions and assemblies.”

The complaint goes on to say that the gun rights group’s streaming service and magazine may soon go away. The Independent  notes that complaint also says that the regulatory campaign by Gov. Cuomo has caused other companies to give a second thought to partnering with the gun lobbyists.

Of course, this is not the NRA’s first dance with financial trouble. An investigation by Propublica found that the gun group overspent by $46 million in their bid to help elect Donald Trump in 2016.

The NRA is demanding an injunction from the court that stop New York regulators from, ‘interfering with, terminating, or diminishing any of the gun advocate’s contracts and business relationships with any organizations.”

They have found themselves in a precarious situation.  With the latest Maria Butina situation and the the campaigns by gun control advocates hanging over their heads, the group may be more desperate than ever.

The entire lawsuit can be seen below:

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