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.
It is somewhat frightening that a lot of people consider this election a battle/fight between Republicans and Democrats. It is an election people. That’s all it is. Your quality of life will still be far superior to that of millions of people world-wide and foreign policy will change as well no matter who gets into office. It’s political polarization and an overly dramatic media that drives these elections into foolishness.
As for Hilary spending money on herself, who cares? No matter which candidate gets into office, we’ll probably just hate them in four years anyways.
Note to TJ — who cares about what she’ll do to try to hurt Obama. I fear what shell do to hard working Americans, like you & me!!
People are voting on their emotions and they are going to get what they deserve. Unfortunately, the rest of us don’t deserve it!
only have one question.
Why Obama? well bea i have my question . why not him ? oh i forgot he might not be the right color… sorry i did not get it…Wow !
The Clinton’s, per their tax returns, made $109 million over last 5-6 years, thus, she has the dough to loan her campaign. Why should a voter struggling to pay bills chip in $100 bucks when Clinton’s have millions? Romney paid for his campaign for most part.
Uh, Max:
I’d rather have someone’s campaign that was financed by normal citizens as opposed to a candidate that only stays in with their own money. I donated $13 to his campaign bc that’s all the money I had left last paycheck, and I’ll proudly give him $13 more this paycheck.
Logically, before any post, one should read what others have posted to glean whatever information is available. I do know that the Clinton’s have donated a lot to “charity”. However, and it does check out, they donated to their own foundation(s). Questions we must ask ourselves, how can she run a country in recession when she cant finance her own campaign? How can she run this country when she can’t help her own state of New York?
it time for hillary to pull out and unite the party,she could save some money.
When Mitt Romney used his own money to finance his candidacy, the liberal media was all over it — accusing him of trying to buy the White House. So where are the liberals now that one of their own is doing the same thing? I think self-financed campaigns should be illegal. If someone cannot muster enough support in the form of dollars, then it is clear most Americans are not behind their candidacy, and they should be required to call it a day!!
I think this is another financial blonder as there is very little chance of Hillary winning the nomination. One must question the organisational abilities of her campaign- unable to raise funds from the regular channels and poor management of limited resources. Obama is not receiving enough credit on this and hopefully, he would manage the national budget just as efficiently when he becomes the president.