Maryland Republican Chairman Alex X. Mooney on Saturday announced that he will resign his post, saying, “It is time for me to pursue other ventures.”

Mooney, a former state senator from Frederick County, took over a demoralized state party, struggling to pay off debts, in December 2010, shortly after Gov. Martin O’Malley (D) defeated former governor Robert L. Ehrlich Jr. (R) for a second time.

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