Herschel Walker Still Had $5 Million Left

Failed Georgia Senate candidate Herschel Walker (R) “closed the year — after his November general election and December runoff — with more than $5 million in cash on hand,” NBC News reports.

“While those still in office use their leftover cash to fund their political organization and gear up for the next bid, those who lose still have broad leeway in how they can use their leftover money. While they can’t use the money on personal expenses, they can transfer cash to other candidates, PACs or political parties, donate the money to charity, or use the money for another campaign or political purpose.”