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

Disclosure reports show Clinton still deeply in debt

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. EDW

    CNN, still not one word about McCain's statement that he does not disagree with the need to reinstate the draft?

    Did anyone call his campign to get clarification?

    God knows John McCain doesn't speak for the McCain campaign.

    August 21, 2008 05:47 pm at 5:47 pm |
  2. Haven't made up my mind yet!?!?

    Am I shocked? No!

    August 21, 2008 05:47 pm at 5:47 pm |
  3. Scott L

    CNN, what is a disclosure "repot"???

    Glad to see Dems still flailing aimlessly about. You will get crushed in November.

    August 21, 2008 05:48 pm at 5:48 pm |
  4. Chris from NY

    She should wait until after the election for us to pay off her debt. I will contribute to her on that. But right now my money goes to winning this election by Barak.

    August 21, 2008 05:48 pm at 5:48 pm |
  5. JB

    You cannot be in debt to yourself.

    August 21, 2008 05:48 pm at 5:48 pm |
  6. Yupik1

    Where's PUMA??? Cat got your tongue??? LMAO!!!!!!!!!!!!

    August 21, 2008 05:49 pm at 5:49 pm |
  7. Angus McDugan

    Watch out next week. She may be "The One." Also, I figured out why the Obamabots call McCain's "The One" adds blasphemy. It is because they think he is God.

    August 21, 2008 05:49 pm at 5:49 pm |
  8. CNN loves Hillary

    The democratic primary was over after Texas and Hill knew it.

    WHY, WHY, WHY should anyone feel a responsibility to pay off her debt? The fact that vendors are still waiting for their money is absolutely shameful!

    August 21, 2008 05:49 pm at 5:49 pm |
  9. Pam

    Why aren't all you "Obama better pick Hillary for VP or I'm not voting for him" fanatics paying off her debts? Put your money where your mouth is.

    August 21, 2008 05:50 pm at 5:50 pm |
  10. Mike, TX


    Take the nomination in Denver that is RIGHTFULLY yours. The money will come flowing in.

    The election has been STOLEN from you and from the voters by Obama, Reid and Pelosi.


    August 21, 2008 05:50 pm at 5:50 pm |
  11. kayla

    puma and mcsame should pay her debt. mcsame is the one getting their votes

    August 21, 2008 05:51 pm at 5:51 pm |
  12. Louise from ohio

    Hillary. You are supposed to be the experienced one to manage your campaign. When it was time to go out you didnt. Now look what happened. You messed it up.

    August 21, 2008 05:51 pm at 5:51 pm |
  13. Mark Wagner

    As an Obama supporter, I donated to Hillary to help her with her debt. I only say this because it's time to set aside our differences (which are minor) and focus on beating Bush.. I mean McCain.. this fall.

    August 21, 2008 05:51 pm at 5:51 pm |
  14. Greg Romano

    HIllary cannot even deal with her own debt and she thinks she can run a country? And now her supporters are blaming her inability to clear her debt on Obama? There's a reason she is the most divisive person in politics and this is one prime example.

    August 21, 2008 05:51 pm at 5:51 pm |
  15. sky

    She made a conscious decision to stay in the race, even when she had no money to continue. Why should others pay for that egotistical decision.

    August 21, 2008 05:51 pm at 5:51 pm |
  16. Groundhog Blogging

    Okay CNN, do we have to go over this again. It must be a slow news day. Here's what's going to happen on this post.

    People will beat up on Hillary and complain that she wouldn't have any debt if she had just gotten out of the race.

    Then PUMA will argue that Barack was disloyal and should "retire" her bill.

    Then it will go on and on with B supporters saying H can go to ...and H supporters saying they will vote for McCain.

    Do me a favor CNN, take this off the blog and give us some real news. Yada, yada,'s Groundhog Day again.

    August 21, 2008 05:51 pm at 5:51 pm |
  17. Boston For OBAMA

    Where are her 18 million supporters during this time of her need? If each sent $1.00 the debt would be morethan erased. Puma ....put your money where your mouth is NOW.

    August 21, 2008 05:51 pm at 5:51 pm |
  18. PU MA

    wait that cant be true...but didn't PUMA help Hill in her debt? i mean they surly could not have been sitting in front of their computers hating on Obama...i mean IF Hill is still in debt then that would only mean that PU MA, and STALE FOR HILL are just well, just full of it..go figure, just when i was going to give up on Barack and write Hill's name cant breathe LOL

    August 21, 2008 05:52 pm at 5:52 pm |
  19. Will, NJ

    The election is a few months away and she wants to pinch her pennies now? Why didn't she think about this while still running her campaign against impossible odds?

    August 21, 2008 05:52 pm at 5:52 pm |
  20. Writing in Hillary on November Ballot

    I have made two contributions to Hillary, nothing close to those Obama's followers make.

    Someone close to Obama please tell him this.

    if he is going to be president, he will be working for the rest of us. If we don't like the job he does, we can get rid of him.

    Having said this, tell him to cough up the name of his VP selection so WE THE PEOPLE can vet this guy.

    We need to know NOW, not when it is convenient for our employer.

    August 21, 2008 05:52 pm at 5:52 pm |
  21. Griff

    I really feel for you Hillary... But then you don't have any "Dirty Arab Oil" in your Pocket.... Time will tell!!! You just keep punching Girl...

    August 21, 2008 05:53 pm at 5:53 pm |
  22. Benjamin Columbus, OH

    Hey PUMA's!

    It only takes $1 per "18 million" primary supporters.

    Where the hell are all or you people?

    Must be sending your money to Mc"Keating" and the RNC.


    Which Mc"Adulterer" house should I send my donation to?

    August 21, 2008 05:53 pm at 5:53 pm |
  23. Susan from Scotts Valley, CA

    How is this possible with 18 million supporters? Less than $1.50 would take care of the whole thing. I'm not a supporter but I'll send my $1.50 if that will make this whole issue go away. PUMAs come on?

    As far as Lynn Forrester, shouldn't Obama's FIRST priority be to make sure he has the funds to get elected versus retiring a debt that he had no responsibility for accruing?

    August 21, 2008 05:54 pm at 5:54 pm |
  24. bridgette

    She needs to pay her debt off. In the real world her credit would have been messed up and she would not have been able to finace to finance a pencil. And, there would have been no one to bail her out.

    August 21, 2008 05:54 pm at 5:54 pm |
  25. Peter E

    Let the Obama camp's hatefest begin... 5, 4, 3, 2, 1...

    August 21, 2008 05:54 pm at 5:54 pm |
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