Jon Huntsman’s presidential campaign is verging on broke after burning through more than $4 million since the former Utah governor entered the race for the Republican nomination in June.
The Huntsman campaign, which re-trenched last month by laying off staff and moving its national quarters to the must-win primary state of New Hampshire, finished the third fundraising quarter in September with just $327,000 in the bank and $890,000 in debt.
Since joining the race on June 21, Huntsman raised $2.26 million and contributed $2.25 million of his own money to the campaign for a total $4.51 million.
But a campaign official told CNN Friday that they have spent $4.18 million, leaving Huntsman with a paltry war chest as the GOP nomination fights heats up.
By contrast, Texas Gov. Rick Perry and former Massachusetts Gov. Mitt Romney each have roughly $15 million in the bank.