Reports Show Perot Spent $3.2 Million : Campaign: Amount is what he contributed of his own money, the FEC says. The election data also details Clinton’s debts.

Billionaire Ross Perot already has spent $3.2 million of his own money on his unofficial, independent quest for the presidency, according to reports filed with the Federal Election Commission.

While the campaigns of President Bush and Democrat Bill Clinton have outspent Perot by more than 4 to 1--largely because both faced prolonged primary opposition--neither of those men has contributed a cent to his own campaign, the reports show.

Clinton reported being $3.9 million in debt at the end of May; Bush had no debts.

Perot, whose personal wealth is believed to exceed $3 billion, has said that he will spend as much of his money as necessary to compete effectively against Bush and Clinton. Unlike the President and his Democratic opponent, he is receiving no public funds for his campaign.

Perot’s FEC report showed that he has contributed more than $3.2 million of his own money to his campaign since the beginning of this year and has received an additional $1 million in contributions. While his campaign had a cash balance of $343,504 at the end of May, he also had $629,856 in unpaid debts.

Although his debts were relatively small--especially considering the magnitude of his own wealth--he nevertheless has arranged several letters of credit with the Nations Bank of Texas, the biggest of which was slightly more than $2.25 million. Perot indicated that he has not yet borrowed any money from the bank. All his debts were owed to individuals or vendors.

Clinton’s debts included many unpaid bills--including the salaries of his staff--and $1.9 million owed to the Worthen Bank of Little Rock, Ark. While his biggest unpaid bills were to various telephone companies around the country, he was also $197,037 behind in his payments to his pollster, Greenberg-Lake of Washington, D.C.

Max Parker, spokeswoman for the Clinton campaign, said that the Arkansas governor has reduced his debt to about $2.5 million since the end of May with the help of about $1 million in public funds and an increase in contributions. She said his debt to the Worthen Bank now stands at $855,000.

Parker said Clinton staff members received paychecks on Monday, but their salary payments are still not up-to-date.

Overall, Clinton’s campaign has raised $10.9 million in contributions and spent $17.2 million since the beginning of the year.

Bush reported that he has raised $14 million in contributions and has spent $13 million since the beginning of 1992. With the help of public funding, his campaign had a cash balance of $8 million at the end of May.

Although Bush was well ahead of Clinton in the overall fund-raising battle, the presumptive Democratic nominee raised more money than the President during May. Their campaign reports showed Bush raised about $2 million from contributors during the month, while Clinton raised $2.4 million.

Bush has received $6.8 million in public funds so far this year, about $1.8 million of it during May. Clinton has received a total of $4.2 million in public funds, including slightly more than $1 million paid to him in May.

Meanwhile, Perot told the Washington Post in an interview in Dallas on Tuesday that recent news reports depicting him as a zealot who investigated President Bush and members of his own family are “a fantasy” and a product of White House “dirty tricks” designed “to destroy my credibility.”

He specifically disputed an article Sunday in the Post that described how he set out to investigate Bush’s personal finances and his involvement in the Iran-Contra scandal. Perot also sought to refute other stories that have appeared in recent weeks and that described investigations that Perot allegedly either financed or authorized.

“This has nothing to do with fact,” Perot said.