Romney’s convention had a gigantic debt clock posted in the arena as a way to mock the President Obama and the Democrats. Romney is supposed to solve this problem with his fiscal restraint, budget cuts and so forth (he’ll actually add trillions to the debt).
So it’s with great interest that I read this:
DALLAS — Mitt Romney’s presidential campaign borrowed $20 million in the month of August to pay for its expenses before he could begin tapping general election dollars and is now $11 million in debt, a senior campaign official confirmed late Tuesday.
Romney’s campaign finance filings, due to be released on Wednesday, will show the campaign with $15 million in debt, the official said, although the debt currently stands at $11 million.
Yes, the guy who’s pitching himself as Mr. Frugal Debt Hater With The Wrong Lightbulb And The Tin Foil is $11 million in debt.