Bachmann owes $1 million in campaign debt

March 23, 2012 - 8:45 AM

ST. PAUL, Minn. (AP) — Minnesota Congresswoman Michele Bachmann owes more than $1 million from her unsuccessful bid to become the Republican presidential nominee.

Bachmann detailed her finances through late January in a federal campaign report filed this week. The report had been due Feb. 20.

She left the GOP race after finishing last in Iowa's leadoff caucuses. She is running for a new term in Congress.

Half of the debt is owed to a fundraising consultant and her campaign manager is also due a large chunk.