Clinton Lends Campaign $1M as Debts Mount

[Snowden]

Clinton Lends Campaign $1M as Debts Mount

(Newser) – Hillary Clinton lent her suspended presidential campaign an additional $1 million at the end of last month, according to filings with the Federal Election Commission. The newest self-loan—the New York senator has now lent herself $13.2 million—underscores how much difficulty she is facing in retiring her mountain of debt. A Clinton spokesman told the New York Times that the new loan was to "pay immediately outstanding debts."

Although Barack Obama cut Clinton a $2,300 check as a symbolic gesture, his supporters have been reluctant to help his former opponent pay off her liabilities; in June, the Clinton campaign spent $5.4 million but took in only $2.7 million. Other filings with the FEC show that John McCain's campaign has sharply increased spending—he spent $26 million in June, more than double what he spent in May.

Source New York Times



Democratic presidential candidate, Sen. Barack Obama, D-Ill., left, is joined onstage by Sen. Hillary Rodham Clinton, D-N.Y., during a campaign stop in New York, Thursday, July 10, 2008. (AP Photo/Jae C. Hong)

Michael Bloomberg stands with Sen. Hillary Rodham Clinton in New York City Hall, Thursday, July 17, 2008. Bloomberg is planning to host a party for Sen. Clinton to ease her transition back from the presidential... (AP Photo)

Barack Obama talks with Sen. Hillary Rodham Clinton, D-N.Y., on Obama's campaign charter jet in Washington, Wednesday, July 9, 2008, prior to departure for New York for a fundraising event. (AP Photo/Jae C. Hong)

Sen. Hillary Clinton, D-N.Y., smiles as her picture is taken by an autograph seeker after a news conference to open the Erie Canal Harbor Development Project in Buffalo, N.Y. on Wednesday, July 2, 2008.... (AP Photo/Don Heupel)


Clinton Lends Campaign $1M as Debts Mount - Newser

[Bluehawk]

That's one way to get rid of them... let them bankrupt themselves with their own greed and ambition.