Gary Johnson’s already next-to-nothing odds of winning the presidency just got a little worse: The Libertarian candidate remains deep in debt as he hurtles toward Election Day.
Johnson had less than $36,000 in available cash versus more than $227,000 in debt as of Oct. 17, according to a filing Thursday afternoon with the Federal Election Commission...
Johnson’s campaign raised about $204,000 and spent more than $197,000 from Oct. 1 to Oct. 17, with the bulk of his expenditures going toward advertising and staffing. He did manage to reduce his debt load in recent weeks while remaining in the red.
Unlike President Barack Obama and Republican challenger Mitt Romney, Johnson, a former New Mexico governor who initially ran as a Republican presidential candidate, accepted federal matching funds to help run his campaign. By doing so, he reaped more than $333,000 in public money for the election cycle.
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