Gov. Scott Walker said Wednesday that he plans to pay off the remainder of his presidential campaign debt by the end of the year.
According to a Federal Election Commission filing from last week, Walker’s presidential campaign had about $1.2 million of campaign debt still on the books by the end of 2016. The governor told reporters he’s making progress in paying that off.
“We’ve paid down about a third of the debt we had initially,” he said. “We’re on track, we believe, by the end of the year, to have it paid off.”
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Walker said he plans to rely primarily on small-dollar contributions to retire the debt. Under federal campaign finance law, the maximum amount he can receive from an individual is $2,700.
The filing from last week showed the governor had raised a total of about $7.9 million in contributions for the campaign through the end of the year. However, expenses from his short-lived run for the White House depleted much of those funds.
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