Photo Illustration by Luis G. Rendon/The Daily Beast/Getty
With two weeks to go until a primary election he was fated to lose, Rep. Madison Cawthorn (R-NC) was already underwater. His campaign held more than twice as much debt as it had cash on hand, the donor well was dry, and he and his staff were months into a madcap spending streak that one campaign source called “baffling.”
And now, after indeed losing that primary, there’s no money to pay the piper.
Specifically, there’s no money to repay the supporters who donated hundreds of thousands of dollars in advance to Cawthorn’s election efforts beyond the primary—to the general election he now won’t be competing in.