Giuliani Campaign Still in Debt

Rudy Giuliani may be talking up a potential second-act presidential run in 2012, but he still hasn’t tended to the little matter of the $1 million-plus worth of debt being shouldered by his last campaign.

His presidential committee’s most recent FEC filing, which posted online late Friday, shows he still owes $1.1 million in loans to himself - cash the ex-mayor gave his flailing campaign back in 2008.

There haven’t been any new payments in months.

However, the committee did pay out a few salaries and monthly fees - the largest, $7,500 a month, going to Bracewell and Giuliani, his law firm, for “legal consulting.”

Copyright POLIT - Politico
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