Campaign Aide: Clinton Lent Herself $6.4 Million in Past Month
WASHINGTON — Sen. Hillary Rodham Clinton lent her presidential campaign $6.4 million over the past month, her campaign said Wednesday, underscoring the financial advantage held by her rival, Barack Obama.
The money more than doubled Clinton’s personal investment in her bid for the Democratic nomination. She gave her campaign $5 million earlier this year.
A campaign aide said Clinton gave her campaign another $5 million on April 11, more than a week before the Pennsylvania primary. She then again dipped into her personal wealth for $1 million last week and $425,000 on Monday, one day before the North Carolina and Indiana primaries.
Clinton’s campaign reported raising $10 million online after her Pennsylvania victory on April 22. Evidently, the money was not enough and her fundraising was unable to keep up with her expenses heading into Tuesday’s contests.
Moreover, Obama has routinely outspent her in primary after primary and has shown little difficulty tapping his vast network of donors. He spent more than $7 million on advertising head of Tuesday’s primaries in North Carolina and Indiana to her nearly $4 million.
According to the latest campaign finance reports filed with the Federal Election Commission, Obama began the month of April with $42 million in the bank for the primary to Clinton’s $9.3 million.
But Clinton had debts of $10.3 million at the start of the month, much of it money owed to her main polling, phone banking and advertising consultants.
Pantsuits are expensive.
Full disclosure time. Obama outspent Hillary 3:1. That is an enormous amount of money. Where is this well he is drawing from ? I would like to see his sources. I am in finance and this does not add up. I get that Hillary needed to gve her campaign money. Obama having all of these funds ? Open up your books Senator.
It is clear that Clinton is burning the midnight oil and yet still failing to convince anyone she has a chance at winning the nomination. It is about time to admit defeat.
So thats where part of her ten million dollars came from, I thought she raised it by the supporters, I guess not.
Good….she is helping the economy by spending some of the $110,000,000 she and her husband have earned over the past 8 years!
If that is what she wanted to do, then that is her business and who cares.
So…. as long as she wins who cares !!!
Perhaps it is time to throw in the towel! Let us move on working on beating McCain.
Hey Hil! Why don’t you donate this to the national debt! It sure would go a long way to showing you “actually” care!
She needed to keep the gas tank in her limo fully-fueled. Soon, after she’s elected President, gassing up the limo will be much cheaper, and a shared expense between the taxpayer and “those big evil oil companies” that she’ll tax right down into the core of the planet.