Thursday, October 25, 2012

Gary Johnson Campaign in Debt

Politico reports:

Gary Johnson’s already next-to-nothing odds of winning the presidency just got a little worse: The Libertarian candidate remains deep in debt as he hurtles toward Election Day.

Johnson had less than $36,000 in available cash versus more than $227,000 in debt as of Oct. 17, according to a filing Thursday afternoon with the Federal Election Commission...

Johnson’s campaign raised about $204,000 and spent more than $197,000 from Oct. 1 to Oct. 17, with the bulk of his expenditures going toward advertising and staffing. He did manage to reduce his debt load in recent weeks while remaining in the red.

Unlike President Barack Obama and Republican challenger Mitt Romney, Johnson, a former New Mexico governor who initially ran as a Republican presidential candidate, accepted federal matching funds to help run his campaign. By doing so, he reaped more than $333,000 in public money for the election cycle.

1 comment:

  1. Speaking of Gary Johnson, he recently participated in a third-party candidate debate:

    From the video's description:

    "The entire 2012 Third Party Presidential Debate complete with participants including Libertarian Party candidate Gary Johnson, Green Party candidate Jill Stein, Constitution Party candidate Virgil Goode, & Justice Party candidate Rocky Anderson.

    "The debate was moderated by Larry King & hosted by the Free And Equal Elections Foundation at the Hilton Chicago. Topics discussed include war on drugs, legalization of marijuana, foreign policy, civil liberties, economy, education reform, & domestic policy."

    Johnson and Jill Stein will square off in a second debate to be held in Washington on October 30.