Former Vice President Mike Pence’s 2024 campaign is facing a potentially existential cash squeeze, with debt already piling up on the balance sheet. The campaign tells NBC News it will report raising $3.3 million in the third quarter, with $1.2 million cash on hand and $620,000 in debt, when its campaign finance filing is due to be made public on Sunday. Pence himself chipped in $150,000 from his personal funds, the campaign said.
All of those figures are based on campaign announcements and cannot be independently verified until the campaigns file reports with the Federal Election Commission, which are due by the end of Sunday. Meanwhile, Pence’s $1.2 million in the bank limits what the campaign can do going forward. And at least $200,000 of that sum is not actually usable during the primary and would only be available in the general election, according to an NBC News analysis of Pence’s second-quarter financial report.