The campaign handed out a total of $112,500 in bonuses on August 31, one day after Romney formally accepted the Republican presidential nomination at the party convention in Tampa. The Washington Post reports:
Richard Beeson, Romney’s national political director, received a $37,500 payment on Aug. 31, in addition to his monthly salary of $13,750, according to records filed with the Federal Election Commission.
In addition, campaign manager Matt Rhoades, policy advisor Lanhee Chen and communications director Gail Gitcho each received $25,000 payments on the same date, filings show. The trio are also paid at the same rate as Beeson, which works out to an annual equivalent of $165,000.
Earlier this week, the campaign confirmed that it took out a $20 million loan in August to fund the campaign prior to the Republican National Convention. Although Romney had beat Obama in fundraising from May through July, much of that money was designated for the general election. When primary funds ran low, the campaign took out the loan to make do until Romney was officially nominated and the full campaign coffers could be tapped.
According to the National Review, the campaign currently owes $11 million.