Huntsman campaign shows nearly $1 million debt

AP News
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Posted: Oct 14, 2011 6:30 PM
Huntsman campaign shows nearly $1 million debt

Former Utah Gov. Jon Huntsman's presidential campaign is nearly $1 million in debt, despite contributing more than $2 million of his own money to his flailing run for the Republican nomination.

Huntsman is set on Friday to report having $327,000 in cash against $890,000 in campaign debts, even though he raised more than $4.5 million from July through September. That includes his own $2.5 million contribution.

The numbers suggest that Huntsman is having difficulty raising money and explain why he shut down his national campaign headquarters in Orlando, Fla., last month.

The candidates' third-quarter financial reports are due Saturday. They're offering the first broad look at the financial health of the GOP field. This will be the first official tally of donations and expenses Huntsman has had to file.