Friday, January 11, 2008

RUDY, CAN YOU SPARE A DIME?


January 11, 2008
Top Giuliani staffers to go without pay
Posted: 04:10 PM ET

Top Giuliani staffers are going without a salary in January, CNN has learned.
MYRTLE BEACH, South Carolina (CNN) — CNN has learned that top staff members of Rudy Giuliani's presidential campaign were asked to work without pay for the month of January, and perhaps longer, so that campaign resources could be focused on the Florida Republican presidential primary.

Two sources in the campaign, speaking on condition of anonymity, insisted the campaign was not in dire financial straits. A third campaign source, however, said "things are starting to get tight" and that "it was more telling than asking" the senior staff to forgo paychecks beginning the first of the year.
Another source disagreed, saying it was a "voluntary" move by senior staff members "so all of our resources could be targeted toward Florida…Our campaign is not living hand to mouth right now…"

The officials did not immediately provide a number of staffers who were subject to the new policy. Nor would campaign officials disclose the amount of money the campaign had in the bank.
UPDATE: The Giuliani campaign reports as of December 31 it has $12.7 million cash on hand, of which over $7 million can be used for the primary contests.
– CNN Chief National Correspondent John King

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