Pawlenty Left Campaign in Debt

August 29, 2011

Pawlenty Left Campaign in Debt

Tim Pawlenty's exit from the Republican presidential primary was likely hastened by the fact that his campaign was in debt, the Huffington Post reports.

"It's not clear, however, how much debt Pawlenty has actually accrued... One source suggested the campaign's debt was as high as $500,000, but another source with closer knowledge of the campaign deemed that figure far exaggerated. The official tally will be revealed on Oct. 15, when Pawlenty must deliver another filing to the Federal Election Commission."

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Taegan D. Goddard is the founder of Political Wire, one of the earliest and most influential political web sites.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country, including the Washington Post, USA Today, Boston Globe, San Francisco Chronicle, Chicago Tribune, Philadelphia Inquirer and Christian Science Monitor.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

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August 29, 2011