Washington (CNN) - Former presidential candidate John Edwards will have to pay back over $2 million in federal matching funds given to his 2008 campaign for president, the Federal Election Commission ruled on Thursday.
The commission voted 6 – 0 against Edwards and contends his campaign was in "excess of the Candidate's entitlement."
"At the end of the day if there were more matching funds received than campaign obligations at the point when the campaign ended you have to make a repayment, " Ellen Weintraub, FEC Commissioner said during the hearing.
This latest ruling comes on the heels of Edwards' indictment last month when a federal grand jury charged him with six counts, including conspiracy, issuing false statements and violating campaign contribution laws
That indictment was brought up Thursday by FEC Commissioner Donald McGahn who called it "the pink elephant in the room." McGahn then asked other members of the Commission how a guilty verdict might impact Edwards' finance filings and force him to amend what the campaign spent. His trial is scheduled to start in October.
"This gets a little confusing, this has not come up like this before," FEC Commissioner Donald McGahn said during the hearing.
The FEC determined that Edwards had received just over 2.1 million dollars in matching funds after the campaign was winding down and Edwards was no longer in the race. The commission decided that in total his campaign must pay back $2,278,315 in excess matching funds.
According to the FEC, "Presidential candidates receive federal government funds to pay for the valid expenses of their political campaigns in both the primary and general elections."
Edwards was represented at the hearing by his lawyers who filed this response to the audit. "John Edwards for President did not receive any matching funds in excess of its entitlement, and hence, no repayment is due," they countered.
Edwards' presidential campaign committee says it has $2.6 million in cash-on-hand as of June 30, 2011. It is unclear whether Edwards will use this money to pay back the US Government or if he will seek an appeal, his attorneys left the hearing without comment.
They never would have done anything about it if Edwards handn't got himself noticed by acting inappropriately. How many other "candidates" are toting around a few extra millions that were overlooked...
I thought they were finished beating this guy up. It's taken this long to figure out he owes money from a campaign that ended 4 years ago? Didn't he drop out in late summer 2007?
slime bag ... good let him dig into his ill got gains and pay ...
where does all of that money go??? it would be nice if it went toward the defecit
Good. A few less $400 hair cuts won't hurt him.
The lesson from his troubles is this, folks: cheating on your significant other can cost you up to $2.3 million dollars or more. :)
"John Edwards must pay back $2.3 million that exceeded his matching funds from his 2008 campaign..."
Good job reading the article Rudy NYC.
Makes me sick knowing the mindless masses will sacrifice their hard earned money to give it to politicians on either side. Bad news is, your voice won't be heard, and you will be thrown under the bus whenever it suits their needs.
I never knew John Edwards was a dead horse. I always thought he was a former politician who left public service in disgrace.
Life just keeps getting better and better for this lying, cheating scumbag Democrat doesn't it??!! Talk about bad karma!!! I wouldn't get within 10 miles of this guy. I'm sure a lightning strike is in the works...
How many others did the same thing but won't be investigated so they will never be found out? Might be an interesting investgation IF THERE WERE ANY TRUE JOURNALISTS LEFT IN THIS COUNTRY.
By the way – what's with 6 republican pictures on the 1st page of the ticker. Is this an ENTIRELY REPUBLICAN COUNTRY NOW?
"I thought they were finished beating this guy up. It's taken this long to figure out he owes money from a campaign that ended 4 years ago? Didn't he drop out in late summer 2007?'
Making excuses for a 2.3 million dollar campaign violation? Simply pathetic!
"I thought they were finished beating this guy up"
Finished? Are you high??? He hasn't even been tried yet for campaign finance violations. He'll be done getting beat up when he walks out of jail in about 10 years. He wanted the white house. He's getting the big house.