shitrag

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shit rag

1. vulgar slang Toilet paper. Sometimes written as a single word. He came out of the bathroom with a long piece of shit rag stuck to the bottom of his shoe. There's nothing worse than sitting down to do your business and realizing there isn't any shitrag left.
2. rude slang A despicable, contemptible, utterly worthless person. Sometimes written as a single word. I'll never understand why they hired a shitrag like him to run the company. Go ahead and sue us. There's no way a little shit rag like you can beat our company in court.
3. rude slang A newspaper that focuses on gossip or sensationalist stories, often of dubious accuracy or veracity. Sometimes written as a single word. This paper used to have standards, but it's turned into a total shit rag over the years.
See also: rag, shit
Farlex Dictionary of Idioms.

shitrag

n. toilet paper. (Usually objectionable.) I’m outta shitrag in here!
McGraw-Hill's Dictionary of American Slang and Colloquial Expressions