March 30, 2009
McHenry in deep debt
According to the Statesville Record & Landmark, Patrick McHenry is having a hard time keeping afloat financially, and is begging his e-mail list for donations:
According to the most recent report McHenry filed with the Federal Election Commission, his campaign has $71,501 of cash on hand. But its debt is listed as $265,000.
[...] “I need to raise $25,000 over the next 24 hours to send a strong message to the Democrats,” McHenry’s e-mail reads.
McHenry needs money not because he’s “fighting democrats”- in fact, he needs money because he spends excessively, including, but not limited to, $700 concert tickets and $4,000 meals. Despite his debt, he also managed to spend over $70,000 in donations to various party needs, which generally means he “loaned” other campaigns money. Patrick McHenry, in the last time we’ve checked, had spent over $10,000 on the Capitol Hill Club, a ritzy club in DC that has nothing do to with his campaign.
Why does Patrick McHenry need money? Because he spent it all!
