Coats Money News
GOP Senate candidate Dan Coats loaned his campaign $200,000 last week. Coats earlier loaned it $25,000, money he promised to provide as start-up funds.
State Democratic Chairman Dan Parker sees the new loan as a sign of trouble for the presumed frontrunner in the GOP primary. Coats spokesman Pete Seat, meantime, says it’s a bridge between pledges and deposits.
Coats filed the required paperwork to report the loan on time. He still hasn’t filed his overdue personal financial disclosure forms but Seat has news there, too. “The form has been filled out,” he says. “It is now being checked thoroughly to ensure its accuracy and completeness before filing prior to the primary.”
Will it show that Coats has $200,000 fewer assets than if he reported on time?




