Feb 15 2013

Johnson Debt: $1,134,602

Source: Independent Political Report

Found in Feb 13 Liberty for America

With the end-of-year FEC filings, the Johnson-Gray campaign has suddenly disclosed huge new debts, more than 1 million dollars of them. It is extremely difficult to understand how the debts were incurred so late after the election.

The Johnson-Gray Campaign ended the post-general election period with $197,002 in debt. The campaign raised $212,536 from late November to year’s end. That was enough to pay off every penny it admitted owing.

Now, suddenly, the campaign has revealed the truth. It owes another $1,134,602. That’s the new debt we know about. There may be still more. Your editor has seen references that could be read as implying that another 2/3 of a million is out there.

Continue reading at Independent Political Report.

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