May 7th, 2008
10:20 AM ET
4 years ago

Clinton loans herself $6.4 million

, ,
 Clinton has loaned her campaign a total of $11.4 million.
Clinton has loaned her campaign a total of $11.4 million.

WASHINGTON (CNN) - Democrat Hillary Clinton has loaned her presidential race $6.4 million over the last month, bringing the total amount of money she has lent herself to $11.4 million.

And she is willing to lend herself more money, top adviser Howard Wolfson told reporters Wednesday, a day after Clinton eked out a narrow victory over Sen. Barack Obama in Indiana's Democratic primary but lost to him by a landslide in North Carolina.

The $11.4 million she has lent her campaign this year is about the same as the amount she earned from book sales and her Senate salary, Wolfson said.

On a conference call with reporters, Wolfson said the loan proves Clinton is committed to staying in the presidential race.

"The loans are a sign of her commitment to continuing the race, her commitment to continuing the process and her commitment to staying competitive with Senator Obama on television and other areas," he said.

"The campaign continues to raise a lot of money, but Senator Obama, to his credit, is also raising a lot of money."

Clinton loaned herself $5 million on April 11, $1 million on May 1 and $425,000 since then, the campaign said Wednesday. The senator from New York loaned her campaign $5 million in February.

Clinton began the month of April with close to $32 million in cash on hand, but only $9 million of that total could be spent during the primary season, according to the most recent campaign reports filed with the Federal Election Commission.

The report also showed that Clinton owed more than $10 million, meaning she was in the red even before she heavily stepped up television advertising ahead of the Pennsylvania primary in late April.

The day after her convincing Pennsylvania win on April 22, the Clinton campaign said it raised $10 million on the Internet. The campaign has not said how much it has raised since her close win in Indiana and her North Carolina loss Tuesday.

(Updates with campaign comments)


Filed under: Hillary Clinton
soundoff (697 Responses)
  1. Susan MO

    That indicates she is a fighter.

    She would make a good, strong president.

    She is not a quitter.

    She is experienced.

    Hillary 08 :)

    May 7, 2008 10:06 am at 10:06 am |
  2. Weaver in Miami

    Wow! I just made a $25 contribution....to Obama.
    Obama'08

    May 7, 2008 10:07 am at 10:07 am |
  3. Helen Roy

    Never Surrender Hillary. Anomination for BHO is my vote for John McCain even if Hillary campaigns for the slimy slug

    May 7, 2008 10:07 am at 10:07 am |
  4. Gary

    Eileen, Hillary in her dellusional world, where she wins the nomination then the presidency, will use an earmark to allocate funds out of the federal budget to pay her personal debt...now thats a good economic policy!!!

    May 7, 2008 10:07 am at 10:07 am |
  5. bigben

    Obama people , you weak tards. I declare war on your feeble butts.

    May 7, 2008 10:07 am at 10:07 am |
  6. Mary

    Hillary, you should have listened to the economic EXPERTS.

    Since you say you do not listen to experts, may I ask who are the incompetent people that you are listening to?

    May 7, 2008 10:07 am at 10:07 am |
  7. Kelley

    wow, that's sad.....Time to get out while you can Hillary....

    GO OBAMA!

    May 7, 2008 10:07 am at 10:07 am |
  8. Gino

    She's giving herself a sub-prime mortgage to finance her out-of control campaign. Delusional and destructive. Stop her before she destroys the party's chances of winning the White House.

    May 7, 2008 10:08 am at 10:08 am |
  9. NC Voter

    to 'sand':

    Yes, Hillary's money must be coming from 'other sources'... can you say Saudi Arabia? Columbia? Kazakhstan? China??

    May 7, 2008 10:08 am at 10:08 am |
  10. matt in Ohio

    Hillary is the only canidate! If Obama is the nominee, then this democrat wont vote and encourages others not to accept Obama for president.

    NO OBAMA!

    May 7, 2008 10:08 am at 10:08 am |
  11. Ottawa

    I am a Canadian watching these primaries.
    Can anybody tell me how Clinton is going to get back the money she lends herself?

    an Answe would be greatly appreciated.

    May 7, 2008 10:08 am at 10:08 am |
  12. Mike Jones

    The kitchen sink was a boomerang

    May 7, 2008 10:09 am at 10:09 am |
  13. George Piazza

    How much of the $800,000 speaking fee from Columbia is going into Hillary's campaign? Isn't it against the law for a candidate to take money from a foreign government? Didn't they do this before with money they raised from the Buddhist Shrine? Where is the Justice Department?

    May 7, 2008 10:09 am at 10:09 am |
  14. Steve

    Okay, it's official my candidate lost, but I won't vote McCain like most of the idiots here that'll cut off their nose to spite their face. I'm voting Democrat this year, the Republicans need to be given a time out to think about what they've done.

    May 7, 2008 10:09 am at 10:09 am |
  15. DELMARVA

    If the Obama camp agrees to pay Clinton's campaign debts, will Hillary FINALLY get out of this race?

    May 7, 2008 10:10 am at 10:10 am |
  16. Get Real

    Her vision proves is she is just like us. Having a hard time getting money to pay all the bills. LOL

    She is robbing Peter to pay Paul or should I say robbing Bill to pay Hill.

    May 7, 2008 10:10 am at 10:10 am |
  17. Sherry in Kentucky

    Guys, this has got to end now. We are risking losing the presidency again. Hillary, you are tearing us apart. Please drop out.

    May 7, 2008 10:10 am at 10:10 am |
  18. eh

    I can't figure out who is more delusional, Senator Obama or his supporters on this site.

    May 7, 2008 10:10 am at 10:10 am |
  19. ILuvObama

    Shes behind on delegates and popular vote, she is out of contests, out of money and now she is out of time...

    Time to go home Hillary...pick one of the many states you *grew up in *, pack your *carpet bags*, get in your flat bed truck and ride off into the sunset....

    GOBAMA!!!!

    May 7, 2008 10:11 am at 10:11 am |
  20. Spectacles

    Oh I am incredulous. I know she wants to be the first female President. But Obama has the team, the people, the funds, the delegates. You know, lets start working on our program to battle McCain.

    May 7, 2008 10:12 am at 10:12 am |
  21. Marlowe

    Hillary, get real. It's time to pack up, dropout, go home.

    May 7, 2008 10:12 am at 10:12 am |
  22. Always a Democrat

    Sasha, you and the rest of the simple minded Dems that will not vote for Obama, you are not voting against him you are voting against his skin color....STUPID!!

    May 7, 2008 10:12 am at 10:12 am |
  23. nan

    She loans herself the money. What is wrong with it?
    Obama would never part with his millions. He just sucks them from people.

    May 7, 2008 10:13 am at 10:13 am |
  24. fred

    Yes you will Hillary!! At least she has it to give herself!!

    Where is Obama getting his money????? It isn't from the blacks and the college students!!

    May 7, 2008 10:13 am at 10:13 am |
  25. Mike Birmingham, AL

    Bye bye Hillary – thanks for playing.

    Okay, Dems – rally behind Obama and stop this sour grapes "I'm voting for McCain" stuff. There is absolutely no way you want 4 more years of Bush, and you know it.

    ANYBODY BUT MCCAIN IN '08!!

    May 7, 2008 10:14 am at 10:14 am |
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28