Charlie Rangel’s Campaign Account Sinks Into Debt

Charlie Rangel Resident Magazine Shoot

Charlie Rangel (Photo: Getty)

Octogenarian Congressman Charlie Rangel staved off a vigorous primary challenge from State Sen. Adriano Espaillat last year, but he has yet to gear up his operations for what could be another tough re-election fight. According to his latest filings, Mr. Rangel spent more than he raised and has negative $4,800 cash on hand and $36,000 in debts and obligations.

Furthermore, Mr. Rangel only received a handful of individual contributions, oddly all from Puerto Rico-based donors, which, along with some political committee cash, amounted to just $34,000. Meanwhile, Mr. Rangel spent about $44,000, including $28,000, to his attorney Jay Goldberg.

Politicker reached out to Mr. Rangel’s office to ask if this might be taken as a sign that Mr. Rangel is contemplating retirement. Hannah Kim, Mr. Rangel’s spokeswoman, said Mr. Rangel was simply focused on his official duties.

“The Congressman has been just reelected and the 113th Congress started only four months ago. He has been extremely busy holding numerous events in the newly-drawn district,” Ms. Kim said in a statement. “He is also focused on working to reform the tax code as well as helping to enact sensible legislation on immigration, guns and a balanced budget that will create jobs, strengthen the economy, and ensure that we keep moving our country in the right direction.”

Mr. Espaillat, who has not signaled his own electoral intentions, raised only $2,000 during the same period. However, he reported having a little more than $67,000 cash on hand. Additionally, former Assemblyman Adam Clayton Powell IV, who has said he would run if Mr. Rangel doesn’t seek re-election, raised about $45,000.

Charlie Rangel’s Campaign Account Sinks Into Debt