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/

Clinton Campaign Acknowledges $20 Million Debt

May 12, 2008

Anne E. Kornblut

With her campaign falling ever deeper into debt, Sen. Hillary Rodham Clinton spent a rainy Mother's Day seeking votes ahead of Tuesday's primary here, turning a deaf ear to calls for her to leave a Democratic presidential contest she has little hope of winning.

Clinton aides continued to insist that she will remain in the race even while confirming that she is $20 million in debt. "The voters are going to decide this," senior adviser Howard Wolfson said on "Fox News Sunday," acknowledging the $20 million figure. "There is no reason for her not to continue this process." Wolfson said he has seen "no evidence of her interest" in pursuing the second-place spot on the Democratic ticket, contrary to rumors that she is staying in the race to leverage a bid for the vice presidential nomination.

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Hillary Clinton lends herself $6.4M as Obama’s lead grows

May 7, 2008

A campaign aide says Hillary Rodham Clinton loaned herself $6.4 million in the past month.

Politically wounded and financially strapped, Clinton plunged back into the presidential campaign Wednesday even as Barack Obama declared that Tuesday's primary results left him with a "clear path to victory."

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Key Clinton Fundraiser Defects To Obama Campaign

April 26, 2008

By Dan Morain

One of Sen. Hillary Rodham Clinton's major fundraisers, who was ambassador to Chile under President Clinton, is defecting from the campaign and joining Sen. Barack Obama's national finance committee, campaign aides said Friday.

Gabriel Guerra-Mondragon, who was the U.S. envoy to Chile from 1994 to 1998, had been credited with raising $300,000 for Hillary Clinton's presidential campaign.

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Hillary Clinton Survives For Another Day

April 23, 2008

By Nedra Pickler 

Hillary Clinton should savor the moment. Soon enough, she must face the reality of time and money running out on her once-invincible campaign.

Her win Tuesday in the important swing state of Pennsylvania was hard-fought and decisive. Barack Obama's well-funded effort to shut her down did not come close to an upset.

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