MUSKEGON, Mich., July 17 -- Former Republican presidential candidate Mitt Romney will reclassify as a gift $45 million in loans he made to his campaign, his spokesman said Thursday, ensuring that he will not compete with presumptive GOP nominee John McCain for donations. -
Romney to Write Off Loans to Aid Party
MUSKEGON, Mich., July 17 -- Former Republican presidential candidate Mitt Romney will reclassify as a gift $45 million in loans he made to his campaign, his spokesman said Thursday, ensuring that he will not compete with presumptive GOP nominee John McCain for donations.-
By Juliet Eilperin