Hillary Clinton whittles away at her record-setting campaign debt
Hillary Clinton is continuing the long process of paying off her record-setting debt, receiving $1.8 million in donations and cutting the obligations by a like amount.
After raising $247 million for her presidential campaign, her overall debt stood at $22.16 million at the end of August. Part of that was $13.1 million she loaned her campaign. The New York senator is not recovering any of that.
She is paying millions more to vendors, at least some of them. She whittled down the vendor debt in August to about $9 million, down from $10.8 million in July, her latest campaign finance report filed Saturday shows.
The biggest creditor other than herself is the consulting firm founded by her former chief strategist, Mark Penn. Clinton owes $5.29 million to Penn’s firm. She has paid none of it.
--Dan Morain
Maybe Hillary can talk to McCain and Obama to request a government sponsored bail out!!!!
Wouldn't be too surprising, they are bailing out banks and insurance companies that made bad financial choices too!!!!
Posted by: bruce | September 20, 2008 at 08:29 PM
Too bad her investment has not paid off, but I for one will not lose sleep.
The Clinton's are not unlike all other Washington Pol's. They spend millions to get in office and preside over power never imagined by the constitution. They meddle in the lives of Americans in illegal and onerous ways all the while giving favors to contributors. Those that give most to the Pol's receive the most at the trough.
When the Pol's leave office they have their lifetime pension and free health care, the book deals, the fees to be on the boards of the companies that have been bribing them while in office, and the lobbing fees they collect to perpetuate the crime with those that replaced them.
There is a solution to all this. We could return to a limited government as outlined by the Constitution.
Posted by: Heyoehkah | September 21, 2008 at 09:02 AM
What happened to BO's promise to help HC with her debt? Oh I know he flip flopped on that campaign promise too!!!
BO No Character, No experience, and Bad judgement.
Sounds like George Bush to me!!!
Posted by: Where's the beef? | September 21, 2008 at 08:09 PM