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Bachmann owes $1 million in campaign debt

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Mar 23, 2012 at 7:54 am

ST. PAUL, Minn. (AP) - Republican Michele Bachmann owes more than $1 million from her unsuccessful presidential bid.

The Minnesota congresswoman's sizable financial hole is detailed in a just-filed federal campaign report. A month late, she disclosed her finances through late January.

Bachmann left the race after finishing last among the Republicans aggressively competing 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.