Large Debts Will Soon Come Due for Hillary Rodham Clinton

May 28, 2008

Senator Clinton may have to spend the summer months going hat in hand to refill her own bank account.

The former first lady has loaned her presidential campaign more than $11.4 million to date, and she has only a few months to pay herself back, while her campaign will have much longer to deal with the nearly $9.5 million it owes vendors and political consultants.

Under a provision of the 2002 campaign finance law spearheaded by senators McCain and Feingold, candidates for federal office must repay their personal loans by the date of the election or forfeit all but $250,000. The date of election in the presidential primary campaign is considered the date when the party officially chooses its nominee, which for Democrats will be at the national convention during the final week of August.

http://www.nysun.com/national/large-debts-will-soon-come-due-for-clinton/78766/

Posted by Justin Thyme · Filed Under Campaign Finance, Hillary Clinton, News

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One Response to “Large Debts Will Soon Come Due for Hillary Rodham Clinton”

timmy barnstable on May 28th, 2008 7:27 am

I hope ol Hillary drowns in debt, it is the payoff for being a liar..

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Large Debts Will Soon Come Due for Hillary Rodham Clinton

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