The Perry campaign spent $14.2 million in the last three months of 2011 while taking in just $2.9 million, but still ended up with $3.7 million on hand at the end of the year with $93,745 in debt according to financial disclosure report filed with the Federal Election Commission late Monday night.
Many of the campaign’s final 2011 expenditures came in the form of media buys during a time when Perry was suffering in the polls due to poor debate performances. Perry exited the race on Jan. 19.
