Is McCain Broke?

David Weigel | July 12, 2007

Marc Ambinder thinks he might be.

Sen. John McCain's presidential campaign is in debt, again. Campaign sources say that the balance sheet reported to the Federal Election Commission on July 15 will include debts of more than $1.5M, including $700,000 owed to an e-technology firm.

Caveat: Ambiner initially reported that Mark Salter, McCain's co-writer and former chief of staff had left the campaign before correcting that he'd only left the payroll. But Jonathan Martin and Mike Allen hear similar buzz about the debt. Keep in mind that he's got $2 million in the bank, so a debt leaves him with a bankroll of Huckabeean proportions.

More McCain here.