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Obama Campaign Borrows $15M from Bank of America

20 Oct

But I thought Obomber “raised” 181 million last month. No wonder he can’t balance a budget, he thinks borrowing is free revenue—–         BY: Washington Free Beacon Staff October 19, 2012 10:40 pm Obama For America took out a $15 million loan from Bank of America last month, according to the campaign’s October monthly FEC report . The loan was incurred on September 4 and is due November 14, eight days after the election. OFA received an interest rate of 2.5% plus the current Libor rate. http://freebeacon.com/obama-campaign-borrows-15m-from-bank-of-america/

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Posted by on 10/20/2012 in news

 

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