Dec 15, 2005
WASHINGTON — Former presidential candidate Al Sharpton must repay $100,000 — plus interest — in taxpayer money he received as part of his failed 2004 bid, under a deal announced Thursday with the Federal Election Commission.
Sharpton, a left-wing activist minister whose effort to win the Democratic nomination racked up more debt than votes, has been at odds with the FEC for more than a year over his personal loans to his campaign.
Sharpton's former campaign manager, Charles Halloran, said the campaign decided it would cost more to continue to fight the issue.
"It would have cost more than $100,000 to fight and win this battle," said Halloran, arguing the FEC should "clean up its statutory language."
Around the time Sharpton made the loans, he was touring churches around the country, collecting "love offerings" which were payments to support him as a minister. He then gave his struggling campaign about $100,000.
http://www.nydailynews.com/front/breaking_news/story/375115p-318772c.html