Fiscal Conservative Rand Paul Ran Up $300K Debt

Creditors will be paid, spokeswoman says
By Luke Roney,  Newser Staff
Posted Jul 31, 2016 1:53 PM CDT
Fiscal Conservative Rand Paul Ran Up $300K Debt
Rand Paul's presidential campaign is $300,000 in debt.   (AP Photo/Nati Harnik, File)

Anti-debt crusader Sen. Rand Paul is in debt. At least his failed 2016 presidential campaign is. In its most recent Federal Election Commission filing, Rand Paul for President reported $2,558 cash on hand and $301,108 in debts, the Lexington Herald Leader reports. The campaign owes money to people and businesses in Illinois, Iowa, New Hampshire, and other places. "It's absolutely a big deal," says the manager of an East Dundee, Ill., company to which the Paul campaign owes nearly $4,000. "That amount," he tells the Herald Leader, "it’s a salesperson’s salary for a month.”

"Everyone will be paid in full," says Paul campaign spokeswoman Kelsey Cooper, adding that comparing Paul's anti-debt rhetoric on the Senate floor to the campaign's current debt is "beyond ridiculous." One insider tell the Herald Leader that, should he win senate reelection, Paul should have no problem raising the money to pay his presidential campaign debts, because donors "want their calls returned," adding, "They won’t care if he’s asking for checks for his next Senate race or his last presidential race or his leadership PAC, past, present or future, whatever. They’ll just write him a check.” (More Rand Paul stories.)

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