Friday, April 17, 2009

Steelman Still Has $770,000 In Debt

While she may be ramping up for a potential U.S. Senate campaign, Sarah Steelman still has significant debt left over from her unsuccessful run for Governor.

But a Steelman adviser says that's irrelevant.

***
As first noted by RedState.com, Steelman's first quarter campaign finance report with the Missouri Ethics Commission shows that eight months after her primary loss, the former state treasurer still has a $770,000 debt.

The report also shows that Steelman reported $113,225 during the first three months of the year, including a $57,775 contribution from the "Power to the People Committee."

Steelman also paid out more than $100,000 to political consultants, including $41,691 to Jeff Roe's Axiom Strategies, almost $23,000 to a Washington-area pollster and $37,230 to a fundraiser.

RedState writes: "That is one whopping big hole to start with if/when she decides whether or not to run."

UPDATED . . . BUT An adviser notes that Steelman put $770,000 of her own money into the race, so the campaign doesn't have to pay her back.




1 comment:

Braden said...

$770k in debt? If this is how she spends her own money, we might consider how she'll spend our's. Litigation must be profitable....maybe even worth protecting.