Obama campaign, DNC end year in debt

BY: AP Staff Writer JANUARY 31, 2013 | MODIFIED: JANUARY 31, 2013 AT 8:02 PM
Leave a comment

WASHINGTON (AP) — President Barack Obama's re-election campaign and the Democratic National Committee ended 2012 with large debts.

Campaign finance reports filed Thursday show Obama's campaign ended the year with $5.8 million in debt while his party's political arm, the DNC, owed $21.4 million. The two groups ended the year with a combined $7.5 million in the bank.

The Republican National Committee, meanwhile, ended the year debt-free and started 2013 with $4.7 million in its coffers.

Mitt Romney's presidential campaign has not yet filed its report with the Federal Election Commission. A report filed in December showed it had $12.9 million in cash through Nov. 26 and $1.2 million in debt.

View article comments Leave a comment

More from washingtonexaminer.com

From the Weekly Standard

  • Frack to the Future

    Williston, N.D.

    Read More...
  • Downsize Ike

    The beleaguered Eisenhower Memorial Commission holds its next public gathering later this month, and before its members duck-walk into the hearing room, huddled in a hoplite phalanx against a...

    Read More...
  • The Lesson of Kermit Gosnell

    What was the lesson of the Kermit Gosnell trial? Since the Philadelphia doctor was convicted last month of murdering three born-alive infants, two competing viewpoints have emerged.

    Read More...