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Hillary ended January with $7.6 million in debt



 
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PostPosted: Fri Feb 22, 2008 4:00 am    Post subject: Hillary ended January with $7.6 million in debt Reply with quote
Hillary ended January with $7.6 million in debt
By: Kenneth P. Vogel & Jeanne CummingsPOLITICO - Hillary Clinton ended January with $7.6 million in debt - not including the $5 million personal loan she gave to her campaign in the run-up to the critical Super Tuesday elections, according to financial reports released Wednesday. In contrast, Democratic rival Barack Obama’s campaign’s finances continued to be robust.

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By: Kenneth P. Vogel & Jeanne CummingsPOLITICO - Hillary Clinton ended January with $7.6 million in debt - not including the $5 million personal loan she gave to her campaign in the run-up to the critical Super Tuesday elections, according to financial reports released Wednesday. In contrast, Democratic rival Barack Obama’s campaign’s finances continued to be robust. He reported raising nearly $37 million and spending nearly $31 million. His cash balance was $25 million, of which roughly $20 million can be spent on the primary. He reported a comparatively small $1 million in debts, owed largely to just three vendors. The January monthly financial disclosure reports glimpse a behind-the-scenes imbalance that has had a significant impact on the primary contest — one that continues in the days leading up to the critical March 4 primaries in Texas and Ohio. As the Clinton campaign scrambles for cash, Obama appears on track to raise more than $30 million again in February. Phil Singer, a Clinton spokesman, downplayed the disparity. “Thanks to an enormous outpouring of support, we will raise more money this month than in any other so far. We have all the resources we need to compete and win,” he said.

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Source: The Hillary Project
Description: reporting the news about Hillary that the media refuses to
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