August 21st, 2008
07:00 PM ET
4 years ago

Disclosure reports show Clinton still deeply in debt

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Clinton is still carrying a sizeable campaign debt.
Clinton is still carrying a sizeable campaign debt.

(CNN) - Well over two months have passed since Hillary Clinton formally abandoned her White House bid, but newly-released Federal Election Commission reports show the New York senator has made little headway in paying off her sizeable campaign debt.

According to an FEC report filed Wednesday, Clinton's debt as of the end of July stood at just under $24 million - a decrease of only $1.2 million since the end of June. More than $13 million of that total is owed to the New York senator herself, while close to $11 million is owed to individual vendors. Clinton has suggested she is not seeking to pay back the money she owes herself.

The report also shows Clinton was only able to raise $2 million in the month of July - down from close to $3 million in June. By comparison, Barack Obama raised over $50 million for his White House bid in the same time period.

The report comes as some high-profile Clinton backers have expressed disappointment Obama has not made more of an effort to help his onetime rival retire her campaign debt.

“He has provided her with a pittance compared to what the Clintons have given Obama,” prominent Clinton backer Lynn Forrester told the Times of London. “Her debt could have been cleared within 10 days. It’s ungracious.”

Obama and Clinton have appeared at a handful of joint fundraising events, and the presumptive Democratic presidential nominee has publicly urged his supporters to donate to his former primary season rival - though at a joint appearance with Clinton at a July fundraiser, the Illinois senator forgot to call on his backers to contribute to her. (He later went back on stage to correct himself.)

According to Clinton's disclosure forms filed Thursday, she owes the most ($5.2 million) to her former top advisor Mark Penn's polling/political consulting firm, Penn, Schoen and Berland Associates.


Filed under: Candidate Barack Obama • Extra • Hillary Clinton
soundoff (180 Responses)
  1. lou

    An open plea to ALL Clinton supporters*******. Please..we cannot defeat ourselves. Had Hillary won we still would vote for her.We would need to. We cannot let our family squabble let the Republicans keep the White house. Do not help destroy the Clinton legacy. We can not let this be the story this election. Do you really want McCain to further destroy the country. Obama and Hillary are very similar in ideas and goals for the country. Would you really want Karl Rove to win this election again...Please. We NEED you.

    August 21, 2008 06:33 pm at 6:33 pm |
  2. NVH

    I am sick of hearing about her debt!!!!! who isn't in debt these days. She made terrible decisions with spending now everybody supposed to feel sorry for her? Pleez!!! people are struggling to get school supplies for their kids, people are losing their houses and jobs and a woman who has millions and the means to make more millions is an issue? GET REAL!!! WHO CARES ABOUT HILLARY AND HER DEBT!!!!! i wish she would GO AWAY and take bill and chel with her.

    August 21, 2008 06:33 pm at 6:33 pm |
  3. whotoo

    All of those who areadvocating for Hillary Clinton to be President or vp should be about to clear her debt. In as much as we want party unity or preferrence of candidate, we should also be able to support that candidate fully. Not just verbal sounding cymbals.

    August 21, 2008 06:34 pm at 6:34 pm |
  4. Viet Vet

    Oh cry me a freakin' river!!!!!!!!! Have Bill give a Speech or two and pay
    off your debt. You bash Obama and he's supposed to help pay it?
    And where are you PUMA morons? Send her your $ and go vote for McDraft who'll take all your $$$$ and give it to the rich.

    August 21, 2008 06:34 pm at 6:34 pm |
  5. Jon in scary Oregon

    And why am I nit suprised? BHO could have paid her debt just like every other poli. It just shows, All for ONE and "ME" says the sorta black muslim, Chicago commie.......

    August 21, 2008 06:34 pm at 6:34 pm |
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