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March 20, 2012 4:30 PM

Pawlenty shaves presidential campaign debt

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Tim Pawlenty at CPAC — Tim Pawlenty waves to supporters after speaking at the Conservative Political Action Conference annual meeting Feb. 19, 2010 in Washington, D.C. Pawlenty, a former GOP presidential candidate, has whittled his campaign debt to $17,500, down from the nearly half-million dollars he owed last fall.
Photo by Win McNamee/Getty Images

By BRIAN BAKST
Associated Press

ST. PAUL, Minn. (AP) — Former GOP presidential candidate Tim Pawlenty has whittled his campaign debt down to $17,500.

The remaining red ink is detailed in a monthly federal campaign report filed Tuesday. It is down considerably from the nearly half-million dollars Pawlenty owed last fall.

Minnesota's former governor dropped out of the White House race in August after a poor showing at the Iowa GOP's straw poll. He was worried about going deep into debt to keep his campaign afloat.

Pawlenty now backs former Massachusetts Gov. Mitt Romney in the race. Romney has helped Pawlenty raise money to pay off the debt.

Three finance and political consultants are still waiting to get paid by Pawlenty's campaign. None is owed more than $7,500.

(Copyright 2012 by The Associated Press. All Rights Reserved.)

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Tim Pawlenty at CPAC — Tim Pawlenty waves to supporters after speaking at the Conservative Political Action Conference annual meeting Feb. 19, 2010 in Washington, D.C. Pawlenty, a former GOP presidential candidate, has whittled his campaign debt to $17,500, down from the nearly half-million dollars he owed last fall.
Photo by Win McNamee/Getty Images

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