Political Hotsheet
AP/ September 20, 2012, 5:51 PM

Romney has $50.4 million for fall sprint

Mitt Romney speaks during a campaign rally File/Getty Images
(AP) Republican Mitt Romney has about $50.4 million to spend on the final weeks of the campaign, though he still has to pay back $15 million in debt.

Romney on Thursday filed documents with the Federal Election Commission showing he raised about $66.6 million in August. He spent $66.4 million. Romney also took out a $20 million loan on Aug. 22. He's already paid $5 million back to the Bank of Georgetown.

Romney couldn't spend money raised for the general election until becoming his party's nominee in late August. He used general election money as collateral for the loan.

Romney and the Republican Party raised more than $111 million combined. That was less than President Barack Obama and the Democrats, who raised more than $114 million.

© 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.
3 Comments Add a Comment
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bashdj says:
Romney is clearly NOT fit to be The President of the United States.
We already have one....a good one!

Obama / Biden 2012 ..... The only adults in the room.
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CBSDebbie says:
No worries...Romney's got millions in Swiss accounts and Cayman Islands.
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sandiegopete says:
Does Romney tithe the Church of Jesus Christ of Latter Day Saints based on his gross income or his taxable income?
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