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Huckabee event left candidate in the red
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07/21/09 10:38 AM ET
One of the most curious fundraising reports of the second quarter came from Republican Les Phillip, who is looking to challenge Rep. Parker Griffith (D-Ala.) in a top national race.
If you've heard of Phillip, it's probably because he welcomed former presidential candidate Mike Huckabee to his district for a fundraiser during the second quarter, and Huckabee endorsed him.
It was an expensive endorsement.
According to his Federal Election Commission report, Phillip raised just $17,000 and spent more than $56,000 during the second quarter.
His disbursements include a $33,990 speaking fee for Huckabee, $600 for photography for the Huckabee event, $438 for a lunch with Huckabee, $6,233 for a stage rental and equipment (presumably for the Huckabee event), and a $2,350 facility rental fee (also presumably for the Huckabee event).
In other words, Phillip spent nearly $45,000 to raise less than $20,000 and took a major financial hit for the Huckabee event.
Perhaps the most painful part is the fact that he was forced to loan his campaign $50,000 in four installments after the event.
The purpose listed? A "Personal Loan from Les Phillip to cover general campaign expenses and Mike Huckabee event expenses."
If you've heard of Phillip, it's probably because he welcomed former presidential candidate Mike Huckabee to his district for a fundraiser during the second quarter, and Huckabee endorsed him.
It was an expensive endorsement.
According to his Federal Election Commission report, Phillip raised just $17,000 and spent more than $56,000 during the second quarter.
His disbursements include a $33,990 speaking fee for Huckabee, $600 for photography for the Huckabee event, $438 for a lunch with Huckabee, $6,233 for a stage rental and equipment (presumably for the Huckabee event), and a $2,350 facility rental fee (also presumably for the Huckabee event).
In other words, Phillip spent nearly $45,000 to raise less than $20,000 and took a major financial hit for the Huckabee event.
Perhaps the most painful part is the fact that he was forced to loan his campaign $50,000 in four installments after the event.
The purpose listed? A "Personal Loan from Les Phillip to cover general campaign expenses and Mike Huckabee event expenses."
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