Neo-Conservative "Fiscal" David Davis Runs 1st District U.S. House of Representatives Campaign With Debt

I was flipping through the Federal Election Commission campaign disclosure reports filed by the David Davis Victory Fund only to discover that the David Davis primary campaign victory was funded mostly by debt --- and David Davis' campaign debt actually exceeded the amount of total campaign receipts from both individual contributors and political action committees by $87,975 (Debts Owed By Minus Latest Cash On Hand):

Presented by the Federal Election Commission - 2005-2006 Cycle

H6TN01313 DAVIS, DAVID House
Tennessee 1 Republican Party Open Seat

Total Receipts: $284,972
Transfers From Authorized Committees: $0
Individual Contributions: $114,222
Non-Party (e.g. PACs) or Other Committees: $20,750
Contributions from Party Committees $0
Candidate Contribution: $0
Candidate Loans: $0
Other Loans: $150,000

Total Disbursements: $219,756
Transfers to Authorized Committees: $0
Individual Refunds: $3,100
[$2,100 to Lawerence Davis of Unicoi, Tennessee]
Non-Party (e.g. PACs) or Other Refunds: $0
Candidate Loan Repayments: $0
Other Loan Repayments: $0

Beginning Cash: $0
Latest Cash On Hand: $65,215
Debts Owed By: $153,190

Committees Included: DAVID DAVIS VICTORY FUND
C00421891
Through: 07/14/2006

...and according to FEC reports Democratic challenger Rick Trent posted ZERO DEBT for the same period! Perhaps Davis need to consult with the WPWT 870 Debt Guru Dave Ramsey as Trent appears at this point in time to be more fiscally conservative than David Davis.