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. JC

    Come on Hillary! Let go and support your fellow democrat for President. It is over for you and you are going broke trying to save a sinking ship. It is time to start thinking about how we can keep the republicans out of the White House.

    May 7, 2008 09:44 am at 9:44 am |
  2. Josh

    Keep Fighting Hillary!!

    Disunity!
    Hillary 08!!

    May 7, 2008 09:44 am at 9:44 am |
  3. Lynn in NM

    Why is she "loaning" it to her campaign? With $109 million in income, she should "give" it to her campaign if she wants the job so bad!

    May 7, 2008 09:45 am at 9:45 am |
  4. mimi de la cruz for OBAMA

    CAN'T RUN A CAMPAIGN. CAN'T RUN A COUNTRY.

    May 7, 2008 09:46 am at 9:46 am |
  5. gerald strother

    Campaign aide says Hillary Rodham Clinton loaned herself $6.4 million in the past month. someone needs to give her her meds. and sit down and tell her it is over. What kind of “non”-elitist has $6.4 million to loan her campaign. Rush Limbaugh (the only reason she won Indiana – by less then 2 points mind you) can give her some more cash

    May 7, 2008 09:46 am at 9:46 am |
  6. Kevin Leo (Jonesboro, GA)

    So far she has lent her campaign over 11 million dollars and she still has the audacity to claim Barack is the elitist?!

    I am still skeptical about the whole 10 million that Hillary's campaign stated that she raised after the PA primary because they have been very silent since then. The next news of her finances is that she lent her campaign more money?!?!?! Very fishy!

    May 7, 2008 09:46 am at 9:46 am |
  7. NOMORE OBAMA BITTER

    Obama said "Hillary will win Pennsylvania. I will win North Carolina. Indiana will be the tie-breaker". Now, what is Obama talking about?
    Hillary should be the one moving on to November. If Obama will be the nominee, Mccain will be the president. Moreover, if Florida and Michigan votes will not be counted ACCORDING TO THE RESULTS. Let's the backlash to Obama come November if he is the nominee. Millions of Hillary votes will swing to Mccain. Mccain should be happy about it. Truly, Obama is the weaker candidates and is less electable. Obama is only winning states where there is a portion of African-American population. The question is he cannot win on the rural areas. Remember that Hillary trounced him in Los Angeles, CA by more than hundred of thousand of votes (URBAN). That's why obama suporter should be good to Hillary suporter. Without us, obama cannot win the presidency. Mccain for president !!!!! (Hillary supporter).

    May 7, 2008 09:46 am at 9:46 am |
  8. Sharon

    Oh Hilary if you can't afford to stay in the race, get out of the kitchen.

    May 7, 2008 09:46 am at 9:46 am |
  9. Matt

    Her continued struggles with her own campaign finances and the need to continually loan don't really paint a pretty picture of a candidate that can deal with a struggling economy and unbalanced federal budget.

    May 7, 2008 09:46 am at 9:46 am |
  10. Colie Brice

    When will more people see through the lies and insanity of this self appointed wanna be? She's a liar and anything she has "achieved" has come as a result of deceit and divisive fear mongering. This is not what this country needs.

    McCain and Obama are honorable men with totally different points of view. Let them have an honest contest and debates, and let's bring some decency and integrity back to the office of the Presidency of the United States of America.

    May 7, 2008 09:46 am at 9:46 am |
  11. oldsam

    At this rate she is going to be a working Jane after all. Just joking. =)

    May 7, 2008 09:46 am at 9:46 am |
  12. RON

    7 % of the people in indiana was part of the operation chaos

    read this
    In an e-mail entitled “The Limbaugh Effect in Indiana = 7 percent,” Obama campaign spokesman Bill Burton wrote: “According to the latest exit polling data, 17 percent of voters in the Indiana primary today said they would vote for John McCain in a Clinton/McCain match-up. Forty-one percent of that number is constituted by people who voted Clinton in the primary but also indicated they will vote for McCain in the general election. That comes out to just under 7 percent of the primary electorate the number that may be attributed to a Limbaugh Effect

    May 7, 2008 09:46 am at 9:46 am |
  13. Jake

    Laugh all you want but it will probably be the Obama supporters who have to pay for Hillary's debts.

    May 7, 2008 09:46 am at 9:46 am |
  14. George, Mason NH

    "The Presidency or Bust seems" to be the new Clinton campaign slogan.

    Regardless, I love how everyone claims that CNN is unfair when their candidate is targeted for a tough news item.

    One day its the Clinton voters swearing the the formerly known Clinton News Network (CNN), is unfair and biased.

    The next day, my fellow Obama supporters are claiming CNN is unfair.

    The only thing unfair, is that regardless of who wins the Democratic Nomination, Senator McCain will win the Presidency.

    Because many "Democrats" voting this primary aren't really "Democrats". They are wither Conservatives, or they are so attached to their candidates, that they literally will bite off their own noses to spite their own stupid faces.

    May 7, 2008 09:46 am at 9:46 am |
  15. Ex-pat in London

    Hillary is like the women in the King Solomon story from the Bible. In his infinite wisdom, King Solomon tried to determine who was the true mother of the child of the two women in front of him (Obama and Clinton). He says " the only fair thing is to cut the baby (the democratic party) in half, give one half to you and one half to you..." the evil, selfish, self-serving woman who was not fit nor in actuality the mother of the child said this was fine...where as the true mother pleaded to keep the child whole at the very least." Its so clear that Hillary will do anything, even split the party in half in the process to get what she wants, or maybe to prevent the man who is most qualified to be president....come on hillary, this should be so clear now, move on, it wont seem as if you are giving up, but rather that you are a person who truly cares for your party.

    May 7, 2008 09:47 am at 9:47 am |
  16. Old & White for OBAMA

    The filly came in second, broke legs and has to be EUTHANIZED! Let's go SuperDels, it's time to put this horse out of OUR misery.

    May 7, 2008 09:47 am at 9:47 am |
  17. KH

    For the past six months, Hillary has been getting more and more delusional, displaying a split personality–it is beyond ridiculous at this point. Certainly someone as self-serving as herself can see that by staying in, she is not only bashing the Democratic party (which she obviously doesn't care about), but she is completely ruining her political career and any credibility she may have had with her supporters (she never had any with me to begin with). This kind of blind determination is exactly the brand with which Bush has crippled this country.

    May 7, 2008 09:47 am at 9:47 am |
  18. S

    I hope she doesn't think Obama is going to pick up her debt and pay it off. She needs to stop loaning and start paying off the debt. I'm wondering where she's getting this money from. Could it be the Peter Paul vs Clinton funds?

    May 7, 2008 09:47 am at 9:47 am |
  19. Jay

    The rich try to buy the election again. Hillary – this is absolutely pathetic and goes against the spirit of democracy. I am thrilled that this time your kind lost.

    May 7, 2008 09:47 am at 9:47 am |
  20. Allen TX

    Does anyone really think these people really care about anyone other than themselves?

    i mean if they did.. and their "campaign" was generating millions of dollars a month.. if you really cared.. I mean you can open a hell of alot of 'soup kitchens' in every state with the monthly income of these campaigns... you can give every abused kid in a shelter.. a home.. with the money that is generated in these campaigns.. you can probably fulfill all the wishes from the make a wish foundation..

    there are so many hugely good causes that could be done that would make a huge direct impact by donating 1 month of campaign proceeds.. the fact is .. all these eleetist care about is themselfves and what they can "get" from you.. its like "robert tilton" just a different industry and different slogan.

    May 7, 2008 09:47 am at 9:47 am |
  21. David King

    Well...NO SHE CAN'T!!!

    All of her ridiculous arguments and antics are null and void! I don't even believe that she believes it anymore (as if she ever did). Now we learn she just loaned herself 6.4 million dollars. She surely won't raise any substantial money after last night. Well, unless she gets the oil companies to pay for it just like the gas tax. LOL!!!!

    Let's get real; even when you throw in Florida and Michigan now, she no longer has the popular vote argument! There is 0% possibility for her to win the majority of states, popular vote, or delegates.

    Bye, bye Sillary Clinton. Silly rabbit! Tricks are for Clintons. Now I guess they'll get back to getting millions of donations to the Clinton Museum from questionable Middle East donors.

    May 7, 2008 09:47 am at 9:47 am |
  22. katie

    this day just keeps getting better and better.

    OBAMA!!!!!!!!!

    May 7, 2008 09:47 am at 9:47 am |
  23. Eileen

    Sorry, I didn't finish this thought.....if Hillary has loaned her campaign 6.4 million dollars...I am stuck on the word LOAN. All candidates request donations, and a donation is not expected to be paid back. She is making loans to herself. Who will pay that loan back to her?

    May 7, 2008 09:47 am at 9:47 am |
  24. Q

    Wouldn't it be sumtin' if it turns out that they lied about getting the $10 million. Naw, they would do sumtin' like that–pshh!

    May 7, 2008 09:47 am at 9:47 am |
  25. Syn in the City

    And she claims that she'll be able to effectively manage this country's economy! PLEASE!!! She can't even budget her own darn campaign!!

    May 7, 2008 09:47 am at 9:47 am |
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