I’m obviously missing something with these campaign debts.
So they were allowed to advertise in various media without actually having to pay up front?
Are campaigns set up as business entities which have corporate credit cards which are used?
Are there lines of credit issued?
Are politicians ever personally liable for debts they incur while running for office? Or is the debt technically incurred by a separate business entity which runs their campaigns?
They are businesses with a known maximum lifespan and their revenue can fall to zero long before then.
I wouldn't be surprised if there are FEC rules preventing me from giving different terms to different candidates based on whether I support them, so no one gets terms other than cash up front.