July 21st, 2008
03:40 PM ET
6 years ago

Clinton campaign debt grew after her run ended

(CNN) – Former Democratic presidential candidate Hillary Clinton’s campaign debt continued to grow after she suspended her White House bid - and included another $1 million loan by the New York senator to her own campaign, according to documents filed Sunday with the Federal Election Commission.

Clinton reported carrying a total of $25.2 million in debts and self-financed loans at the end of June, up from $22.5 million one month earlier. The increase is due in part to an additional $1 million that the New York senator loaned the campaign out of her personal funds on June 30. Clinton now has loaned her campaign a total of $13.2 million - more than half the total debt.

The campaign’s debts to outside vendors and creditors also increased from $10.3 million at the end of May to $12.0 million one month later. Part of this increase is likely due to spending related to the Puerto Rico primary on June 1 and the Montana and South Dakota primaries on June 3, as well as expenses incurred from shutting down her campaign operation.

The bulk of Clinton’s vendor debt is owed to the Democratic polling firm of Penn, Schoen & Berland. The firm was owed $5.3 million as of June 30, up from $4.6 million at the end of May.

Clinton suspended her campaign and endorsed presumptive Democratic nominee Barack Obama on June 7. Since then, Obama has encouraged his contributors to help Clinton pay down her debt owed to vendors, including at one joint fundraiser on June 26 at a Washington D.C. hotel, where Obama and his wife Michelle each contributed $2,300 to Clinton. Those contributions did not appear in the Clinton campaign’s most recent FEC filing.

Clinton had amassed a warchest of about $24.2 million as of June 30 that could have been used if she became the Democratic nominee, but under federal regulations, funds gathered for use in the general election may not be used to pay down debt from the primary season. Clinton has about $1.9 million in campaign cash that may be used to pay down her total debt.


Filed under: Hillary Clinton
soundoff (93 Responses)
  1. Tim from Eugene OR.

    Wow what a chunk of change. I really don't understand how you can have 18 million voters and be so far in debt. I would really like to know if it is because her supporters did not give her donations, or her campaign just didn't manage thier money well.

    I have seen some blogs that say she put her country first and that is how come she is in so much debt. Well if no one was asking for help to repay this debt then that would be true. However when you rack up that kind of debt and then ask for help repaying it, that dosn't seem to be putting the country first.

    If Obama inheriates this mess of economy and others, he is going to be cleaning up one of the biggest messes in American history. I think he will be brused up pretty badly by the end of his first term and Hillary will run against him in 2012. For that reason, I hope Obama will pick her as VP because it is going to take more than four years to clean up after the Bush mess.

    July 21, 2008 07:20 pm at 7:20 pm |
  2. JIM...TX

    Glad them PUMA's aren't on Obana's side...with friends like them helping? who'd need an enemy as the saying go. Come on mouths...open your wallets an at least pay the vendors. Losers!

    July 21, 2008 07:20 pm at 7:20 pm |
  3. Janet WV for Obama

    The PUMA people are hurting Clinton in many ways. The nasty comments about Obama "stealing" the election etc. just enrage other Democrats and they refuse to contribute to her campaign. I am an Obama supporter, but I think Sen. Clinton is a smart woman who will be included in the Obama administration and it infuriates me when the nasty bloggers make condecending Obama remarks. Try a little kindness. What goes around comes around.

    July 21, 2008 07:20 pm at 7:20 pm |
  4. Lynn

    Shirley – She was my candidate and I am very close to the limit. Then I am sending my money to McCain. Obama is using your money to repaint his campaign plane to take off the American flag and pay for his coronation at the stadium instead of being humble and have it at the Pepsi Center.

    July 21, 2008 07:21 pm at 7:21 pm |
  5. Linda31

    I am not going to make a comment about Senator Clinton's supporters, only to ask that they help her out. The money that Senator Obama has is due to the support he gets from everyday people.

    July 21, 2008 07:22 pm at 7:22 pm |
  6. deb

    didn't the clintons make $109m over the last eight or so years? and me, making less than $30 thousand a year, i'm supposed to give her money?
    seems to me that she's got enough to pay off her own debt without any help from anyone else. by the way, saw video of a PUMA rally, which was about 10 middle aged women. it was hillariously pathetic.

    July 21, 2008 07:23 pm at 7:23 pm |
  7. M.S. Indiana

    Puma come one PUMA give up your republican wealth for Hillary !!!

    Looks like America is united against McCain and Bush

    July 21, 2008 07:23 pm at 7:23 pm |
  8. Sandy

    Why can't her supporters in WV and KY send her a couple of dollars each?

    July 21, 2008 07:24 pm at 7:24 pm |
  9. maynard hopkins wi

    THE CLINTONS CAN STOP WHINNING ANYTIME ABOUT THIS DEBT. PAY IT AND SHUT UP THEN TAKE THE LOSS OFF YOU TAXES WHICH BY THE WAY THE GENERAL PUBLIC CAN NOT DO.

    YOU WILL JUST MAKE MORE MONEY BY PAYING LESS TAXES

    July 21, 2008 07:27 pm at 7:27 pm |
  10. Linda31

    Lynn, check out McCain's plane before you comment about Obama. Also by supporting McCain, you more or less spit in Senator Clinton's face. I guess you don't listen to your candidate. Oh wait, you do......John McCain.

    July 21, 2008 07:29 pm at 7:29 pm |
  11. TheTruthHurts

    Frankly, I don't want to talk about Senator Clinton's debt anymore. I could make snide comments about her supporters paying for it, about financial mismanagement, about hypocritcal arrogance gone bad, about people angry at others when they should be focused in the mirror, but frankly, it's not worth it.

    Senator Clinton is a good public servant. She ran a race and happened not to win. Happens every year,. Not a big deal. She was fortunate enough to have money to loan herself and supporters and friends that will help her out. Wish I could say the same for the candidates for city council or school board. Wish I could say the same for my neighbors who were foreclosed on.

    I say back to current reality and the task at hand.

    July 21, 2008 07:29 pm at 7:29 pm |
  12. THE O

    So where oh where have her 18 million supporters gone????
    And this is the woman you puma's want to run the country? Sorry but I will take Obama's judgment over hillary's so called experience any day. Obama ran a brilliant campaigne With Honesty, Insperation, and sound policy's.

    BARACK THE VOTE!!!!!

    BARACK / SEBELIS 08

    July 21, 2008 07:30 pm at 7:30 pm |
  13. Jody Monroe

    Good thing that Hillary won't be running the U.S. economy!!!

    July 21, 2008 07:34 pm at 7:34 pm |
  14. Lisa

    At least Hillary was gracious enough to donate to her own campaign. Obama in a million years will never donate a red cent to the American people.

    Has Obama ever given to charity before?

    July 21, 2008 07:37 pm at 7:37 pm |
  15. keesa

    SEE GOD DONT LIKE UGLY THEM 18MILLION CRACKS SHOULD MAKE IT RAIN!!!!!!!!!!!

    July 21, 2008 07:37 pm at 7:37 pm |
  16. Lisa

    Wasn't Obama just begging for money last week?

    July 21, 2008 07:39 pm at 7:39 pm |
  17. Blue Collar American

    As a blue collar American, I wouldn't be able to loan myself millions or incur debt in the millions. If Hilliary's supporters are threatening to vote for McCain out of spite instead of issues, then why should the Obama supporters bail out Hilliary when she and Bill earned over $100 million in 7 years - I don't know any blue collar American who can rake in that kind of money.

    Also, why is it that under Hilliary's health care plan a person goes to jail for not paying for health care insurance and Hillary failed to pay for health care insurance for her campaign employees and nothing happened to her...are the rules different for Hilliary no matter what?

    July 21, 2008 07:43 pm at 7:43 pm |
  18. Obama : a puppet

    Obama will help Clinton.

    July 21, 2008 07:43 pm at 7:43 pm |
  19. kendall

    We appreciate Hillary campaigning with us, but my goodness, don't add fuel to the fire it's her debt and she can afford, she just doesn't want to pay for it, Give her an inch and she'll take a mile

    July 21, 2008 07:47 pm at 7:47 pm |
  20. ShirleyY - Seattle

    IF THE SUPERDELEGATES CHEAT OBAMBA OUT OF THIS GREAT OPPORTUNITY, IT WILL CAUSE A RACE WAR. HIILLARY LOST, END OF STORY, OBAMA WILL BE PRESIDENT OF THE UNITED STATES FO AMERICA.

    HOW DID AN INEXPERIENCE SENATOR DEFEAT HILLARY, IT'S NOT BASED ON YEARS YOU HAVE SPEND SERVING, IT'S ALL ABOUT WISDOM AND OBAMA GOT IT.

    MCCAIN IS SAYING STUFF THAT OBAMA SAID MANY MONTHS AGO, MORE TROOPS IN AFGHANISTAN AND SITTING DOWN SPEAKING WITH FOREIGN LEADERS, HILLARY AND MCCAIN BASED ON THEIR JUDGMENT IS INEXPERIENCE.

    YOU THINK THE ECONOMY IS MESSED UP NOW, IMAGING HILLARY BEING PRESIDENT, SHE COULDNT RUN A CAMPAIGN WITH FEW PEOPLE, HOW CAN SHE HELP MILLIONS.

    July 21, 2008 07:47 pm at 7:47 pm |
  21. Fed up with the lies

    What happened to those 18 million Hillary supporters? All they had to do was send one dollar each. Guess they weren't her supporters afterall. Thanks for showing us your business sense Hillary.

    Obama '08

    July 21, 2008 07:47 pm at 7:47 pm |
  22. OBAMA WINS GEORGIA

    HRC NEEDS TO PAY THIS DEBT OFF WITH HER OWN MONEY. SHE SHOULD HAVE SUSPENDED HER RUN WEEKS BEFORE SHE ACTUALLY DID. OH WELL CHANEL

    July 21, 2008 07:49 pm at 7:49 pm |
  23. Freddie, La

    Wow Texas Trail Dog you are really a work of art, grammar/spelling and all. This Obama supporter will pray for you and I've already gladly sent Sen Clinton a donation.

    July 21, 2008 07:50 pm at 7:50 pm |
  24. Debi

    Where are all the Hillary supporters that absolutely loooove her so much? (insert cricket sound) Now that she needs you, you are nowhere in sight. Wow! You guys are all talk. Action speaks louder than words you know.

    July 21, 2008 07:56 pm at 7:56 pm |
  25. Realistic

    PUMA! He, he, he.

    July 21, 2008 07:57 pm at 7:57 pm |
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