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Clinton Campaign $22.5 Million In Debt at the End of Last M
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hillarynews
Joined: 24 Jan 2007
Posts: 2250
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 Posted: Sun Jun 22, 2008 9:00 am Post subject: Clinton Campaign $22.5 Million In Debt at the End of Last M |
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 Clinton Campaign $22.5 Million In Debt at the End of Last Month
By Shailagh MurrayWASHINGTON POST - Sen. Hillary Rodham Clinton is expected to return to Senate politics next week, now that her run for the Democratic presidential nomination is over, but a campaign finance filing made plain last night that the effects of that losing effort will continue to weigh on her political future. Clinton's campaign was $22.5 million in debt at the end of May, $3 million more than a month earlier. More than half of the latest debt ($12.2 million) was owed to the candidate herself.
Category: Top Story
By Shailagh MurrayWASHINGTON POST - Sen. Hillary Rodham Clinton is expected to return to Senate politics next week, now that her run for the Democratic presidential nomination is over, but a campaign finance filing made plain last night that the effects of that losing effort will continue to weigh on her political future. Clinton's campaign was $22.5 million in debt at the end of May, $3 million more than a month earlier. More than half of the latest debt ($12.2 million) was owed to the candidate herself.Clinton received $12.6 million in contributions in May, and she had $3.4 million cash on hand left for primary spending. She also had $23.3 million for the general election, money she cannot use to pay off her primary debt.ad_iconClinton has shunned most public appearances since her departure from the race on June 7, but she is expected to campaign with Sen. Barack Obama at a pair of events late next week, the first joint public events for the former rivals.On Thursday night, Clinton will introduce Obama to a group of her top donors at the Mayflower Hotel in the District, a bid to smooth relations between her supporters and the presumptive Democratic nominee. She is also scheduled to speak that day to the National Association of Latino Elected Officials.Clinton is expected to return to Capitol Hill early in the week, according to a senior Democratic aide, and could appear on the Senate floor as early as Tuesday morning to vote on a housing crisis bailout package. Votes are expected later in the week on a sweeping new surveillance bill that would effectively shield telecommunications companies from privacy lawsuits, and a war funding bill that also includes new education benefits for veterans. Clinton, and possibly Obama, could be present for both."A week from today, you will have seen [Clinton] at the Capitol," her spokesman Philippe Reines said by e-mail yesterday.Obama spokesman Bill Burton said that next Friday's joint appearance may be limited to one event but that the campaign is not ready to announce details.Speaking to reporters yesterday in Jacksonville, Fla., Obama defended his decision a day earlier to opt out of the federal financing system for the general election after pledging to seek a deal with Sen. John McCain (R-Ariz.) to use public as opposed to private money. McCain continued to bash Obama on the issue yesterday, accusing him of breaking his word and saying the decision compromised his claim to credentials as a reformer.
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Source: The Hillary Project
Description: reporting the news about Hillary that the media refuses to |
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