Former U.S. Rep. David Davis is still trying to pay down post-election debt while mulling an attempt to retake Northeast Tennessee’s 1st Congressional District seat in 2010.
According to his October filing with the Federal Election Commission (FEC), Davis personally loaned his campaign account $25,000 and then paid $25,000 to a Lexington, S.C., firm for “various invoices” related to advertising during the 2008 election cycle.
Davis’ outstanding debt with creditors stood at nearly $67,000, not including a total of $245,000 in personal loans he has made to his campaign account, according to the FEC filing.
After a two-year term, the Johnson City Republican narrowly lost the 2008 GOP Primary to current U.S. Rep. Phil Roe, who went on to easily win the following November general election against Democrat challenger Rob Russell.
Davis’ campaign account reported having only $1,622.21 cash on hand as of Oct. 8.
http://www.timesnews.net/article.php?id=9017624
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