Out of race, still in debt for Minn.'s Pawlenty

AP News
Posted: Oct 14, 2011 5:11 PM
Out of race, still in debt for Minn.'s Pawlenty

Former Minnesota Gov. Tim Pawlenty is out of the race for president _ but still deep in debt.

A fundraising report covering July through September shows the former GOP candidate owes $453,000 for the campaign he ended in August. Fundraising consultants, building landlords and equipment rental companies, all have five-figure debts owed to them.

Pawlenty ended up spending about $4.7 million in the less than six months he was in the race. He ended his campaign after a third-place finish in a test vote in Iowa.

In all, Pawlenty raised about $5.4 million but had to return some of the money because he could only tap it if he had won his party's nomination.

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