(CNN) – Eight months after dropping his bid for the GOP presidential nomination, former Minnesota Gov. Tim Pawlenty announced his campaign organization was debt-free.
Pawlenty for President filed paperwork Tuesday with the Federal Election Commission to terminate the campaign committee that was formed in March 2011. Pawlenty formally announced his candidacy in May of that year and campaigned over the summer in early voting states. He dropped his bid after a poor showing in the Ames, Iowa Straw Poll in August and endorsed current frontrunner Mitt Romney.
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In a statement, the Republican said he was proud of his bid for the nomination.
"It was truly an honor to run for President of the United States," Pawlenty wrote. "Mary and I will be forever grateful to the many supporters who inspired and sustained the campaign. I am also glad we were able to pay all campaign debts and wind down the campaign properly."
The end of a presidential campaign doesn't always equal the end of campaign debts. Rep. Michele Bachmann's presidential campaign owed more than a $1 million at the end of January, which is the latest filing her campaign submitted to the FEC. Bachmann dropped out of the GOP race following a big loss in January's Iowa caucuses.
Jon Huntsman, who dropped his bid after New Hampshire's presidential primary, still owed more than $3 million in debt as of his March FEC report. Texas Gov. Rick Perry owed just over $14,000 in a report filed in March. Perry dropped out of the nomination race in January and endorsed Newt Gingrich.
Hillary Clinton's presidential campaign spent years paying down millions of dollars of debt incurred after her bid for the 2008 Democratic presidential nomination, including auctioning off time with her husband, former President Bill Clinton. As of a FEC report filing at the end of January, Clinton's campaign still held $245,000 in debt.
Also see:
Poll: Nearly three-quarters of Republicans see Romney as nominee
Romney: I speak with Gingrich more than Santorum
Romney campaign pulls negative ad while Santorum halts campaigning
From CNN Politics
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Hillary Clinton STILL owes a quarter million FOUR YEARS later?!! Her and Bill are stinking MILLIONAIRES!! Why won't these deadbeats simply write a check and pay people what they are owed?
Maybe it's jsut me, but I sort of think of little Timmeh Polenta as the Spongebob of GOP/Teatroll politics. No idea why. If that's the case though, then who is Gary? Any suggestions?
Pawlenty paid off his $1,000 debt, big deal.
Good for hiim that his campaign is out of debt. Too bad he couldn't do the same thing for the state of Minnesota.
Little Timmy, now please go away
"Hillary Clinton STILL owes a quarter million FOUR YEARS later?!! Her and Bill are stinking MILLIONAIRES!! Why won't these deadbeats simply write a check and pay people what they are owed?"
Did it ever occur to you that the debt may not have matured fully yet? That they maybe have an obligation to pay periodically, nto all at once? That people with an obligation to pay a debt down with periodic payments often hold onto as much as they, rather than paying the debt all at once, because it's often possible to make the money you hold onto grow faster than the rate of interest on the debt? That perhaps you should think before you speak?
Really? He was out for Iowa, then said ok, I will go now. What a loser. You fit right in with the like of Herman the Perv, Michelle don't know what town it is and Huntsman who at least had some ideas.
Your 15 was up in January, time to go.
Hey Sniffit, I think Mr Crabs is Robmey. As For Gary, lets give that to Santo.
"Hey Sniffit, I think Mr Crabs is Robmey. As For Gary, lets give that to Santo."
Hehe...I like it. We can call him The Ayatollah Gary. LOL
I would've maybe gone with McCain as Mr. Crabs tho. Hmmm...maybe Mittens can be the little plankton dude with the delusions of grandeur....
Another wasted Romney investment. Far as I can tell, Pawlenty didn't add much to the Romney campaign. Neither has Norm Coleman for that matter. Mitt will have many more such "investments" to pay off before (and after) his campaign winds down. All this palm greasing of his will have consequences. Just ask the DC lobbyists how pay-back works.
Sniffit - Did it ever occur to you that the debt may not have matured fully yet? That they maybe have an obligation to pay periodically, nto all at once? That people with an obligation to pay a debt down with periodic payments often hold onto as much as they, rather than paying the debt all at once, because it's often possible to make the money you hold onto grow faster than the rate of interest on the debt?
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What a crock of BS! Produce FACTS to back up your THEORY. Who is holding a long term campaign mortgage for Hillary Clinton?
@ Sniffit.....
if the person you asked would ever think before they spoke then more than likey they would not post here at all.
Little Timmy has to be kicking himself for his premature evacuation from the republican primary. 65% of republicans want any one but Mittens, and Timmy could have been their choice.
Sniffit, I was thinking Newt for Squidman why I don't know and no offense to Squidman. For Plankton that might be Palin, always trying to steal the secret from Mr Crabs.
oops, not Squidman, Squidward.....
It is ridiculous to think that liberal democrats can intelligently comment on republican polticians.
This is who they are talking about now? What a pathetic bunch of losers. Good luck! LOL
I find it ridiculous that mis informed viewers of Fox foreign owned media with a hint of Saudi, think they are capable of an intelligent comment.
"What a crock of BS! Produce FACTS to back up your THEORY. Who is holding a long term campaign mortgage for Hillary Clinton?"
I don't need to produce anything. I'm not the one who flew off thehandle and made the initial accusations that were based entirely on assumptions and conjecture...YOU ARE. I was simply pointing out that it could very well be a vastly different situation than you ASSUMED. Get the burden of proof right. It's not everyone else's job to gather evidence and proof to disprove every hairbrained, stilted, delusional fabrication yo and the GOP/Teatrolls can invent. It's YOUR job to produce facts and evidence FIRST that support your hallucinatory rubbish and THEN maybe we'll have to find a way to contradict it. Otherwise, your blather fails ab initio.
Haha...or maybe McConnell is Squidward...similar absence of chin. I was thinking the whacked out delusional squirrel living under the ocean in an ideological bubble would be fitting for Jabberwocky Barbie lol
"easydoesit", actually, we Liberal Dems can intelligently comment on Republican Politicians. When are you guys going to get some to actually run instead of these ultra-conservative, tea-party types you have foisted on the country. On the other hand, I have never seen a Democratic candidate that Republican bloggers do not act like a pack of hyenas at the corpse of a water buffalo about. Over this past year I watched the only reasonable Republican (John Huntsman) get driven from the race by the Tea baggers in favor of those great flashes in the pan known as Perry, Bachmann, and Cain. You still have Sarah Palin running around talking about "real Americans" (You keep using that word. I do not think it means what you think it means.).
And it's now [officially] irritating that Truth and Nothing but blah, blah is now resorting to using MY handle for his inane comments.. pretending to speak the REAL Truth... that is me buster. Hands off !!
Oh joy! The little retarded boy from Deliverance is back in the news!
Apparently most of you don't believe in paying what you owe, sounds like the motto for democrats and liberals.
@Lizzie – Apparently most of you don't believe in paying what you owe, sounds like the motto for democrats and liberals.
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So you are debt free girl? Most of us are not. The amounts vary. Could you pay off your "notes" now if they were called in? I doubt it. The indignation and spoutrage needs a quick look in the mirror.
And – if you respond that I know nothing about you or your debt.. then you are right! And you know nothing about Clinton's or any other Dems, do you?