"Plus the campaign committee is no longer raising money; it came into the year with $18.3 million in the bank and finished the first quarter with $10 million on hand.
In essence, as of March 31st, it had $10 million on hand. Yet reading further it states:
"At the end of last month, it was carrying $329,000 in debt, including $15,300 to the former firm of White House political guru David Axelrod.
Aren't they reporting the same time period, i.e., March 31, 2009 yet with different results?
Looks like they just haven’t paid those bills to me.