Republican U.S. Sen. Rand Paul, known as an anti-debt crusader, piled up more than $300,000 in unpaid bills from his failed presidential campaign.

The Lexington Herald-Leader reports Rand Paul for President had $301,108 in debts and $2,558 in cash on hand as of June 30 in its most recent Federal Election Commission filing.

The campaign owes dozens of businesses and individuals for rent, insurance, telemarketing, phone and internet access, legal fees, consulting, facility and equipment rental and expense reimbursements promised to campaign workers.

Peter Kutrumanes says his company is owned $3,962 for equipment leased to Paul's campaign. He says his company won't do business with Paul again.

Paul campaign spokeswoman Kelsey Cooper released the following statement: "We have more cash than we have bills, therefore we will have no debt. Out of $12 million in bills from the campaign less than 3 percent remain to finish paying. All vendors are being paid in the normal flow of a campaign and everyone will be paid in full. Closing down campaigns take time as evidenced by other presidential campaigns that are at similar stages of doing so"

Cooper continued, "It's beyond ridiculous to suggest that the very typical and normal proceedings of closing out a campaign have anything to do with Dr. Paul's stellar record of fiscal conservatism, particularly considering that he's returned nearly $2.5 million in taxpayer dollars from his senate office operating budget back to the Treasury to date."

Paul is running for another Senate term in Kentucky.