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. anonmouys

    down with mccain

    August 21, 2008 06:22 pm at 6:22 pm |
  2. TrueIndependent

    I truly believe that if she behaves like a team player at the convention, Sen Obama's supporters will clear all her debt within one week.

    August 21, 2008 06:22 pm at 6:22 pm |
  3. Iowan that can think for himself

    It's ungracious to tear your party apart because you can't admit defeat. With how Hillary treated Obama during the primary, how does he owe her anything.

    August 21, 2008 06:22 pm at 6:22 pm |
  4. Todd

    She stayed in way to long helping John McCain with talking points and know "Obamabots" should pay off her debt?

    Has everyone forgotten the Hillary remark about her an McCain are qualified (to be President) but Obama isn't.

    She has hijacked the convention because it's all about her (and him)
    and she lost. Still all we hear from Hillary supporters are threats about how he should pick her for VP or the will vote for McCain.

    With all the love she has given why should WE pay her debts.
    If it does come down to 2012 I WILL NEVER VOTE FOR HER

    August 21, 2008 06:22 pm at 6:22 pm |
  5. Danny from Phoenix

    PUMA cannot help her. They're a pathetic group of people. Last week on MSNBC's Hardball, one of their spokeswoman said that PUMA contributors raised $50,000 in total for their group. That is miniscule compared to how much Clinton owes in debts. It also shows how small the PUMA group is, as well as how insignificant their negative effect will be on Obama.

    August 21, 2008 06:22 pm at 6:22 pm |
  6. Electricalcheck Pete

    Hmm? Wonder how well Hillary Clinton's Health Care Plan would have been been managed?

    August 21, 2008 06:22 pm at 6:22 pm |
  7. Ambrose Smith, Borrego Springs, California

    Hillary and Bill are barely around talking up Obama. Where is the ACTION??

    Until I see Hillary and Bill REALLY stumping for Obama–I will hold on to my money.

    August 21, 2008 06:22 pm at 6:22 pm |
  8. Dan , TX

    I am beginning to see that Clinton is not hoping for an Obama loss. It is clear that she does not have a lot of support among democrats. She would not have a chance in a 2012 primary.

    August 21, 2008 06:23 pm at 6:23 pm |
  9. john

    This is where all you Clinton die hards really need to put your money where your mouth is. I am an Obama backer and I contributed to her. Why have you all forsaken her?????????

    August 21, 2008 06:23 pm at 6:23 pm |
  10. Joe

    Why should Obama Pay her dept off? 2 million people were able to raise 50 million for Obama. Why can't the 18 million Hillary supporters raise 24 million? IT IS ONLY 2 BUCKS A PERSON!!!!!!!

    August 21, 2008 06:23 pm at 6:23 pm |
  11. Glenn

    I've given all the money I can afford to give. I dont have any fear for the Clintons though...when Barack Obama loses, she will have money flowing it like a flood!

    August 21, 2008 06:23 pm at 6:23 pm |
  12. LNAB

    what did they expect when they forced her to suspend her campaign

    August 21, 2008 06:24 pm at 6:24 pm |
  13. MMLucas

    Obama Lovers:

    I suggest that the 18M supportors for Hillary vote for McCain. Also, the Independents and Republicans for Hillary should vote for McCain. I'm sure they will pay off Hillary Clinton's bills.

    August 21, 2008 06:24 pm at 6:24 pm |
  14. al

    So somebody HAS gone broke underestimating the intelligence of the American public.

    August 21, 2008 06:25 pm at 6:25 pm |
  15. deana

    Bribery!!! If All of Hillary's supporters, friends, surrogates and sorrygates vote for Obama, "Yes We Can" people will pay off her debt before Christmas! – After Obama wins!

    August 21, 2008 06:26 pm at 6:26 pm |
  16. Peter E

    Once again, CNN posting, and within two minutes removing my comment. What's the matter? Not pro-Obama enough for you? Hypocrites!

    August 21, 2008 06:26 pm at 6:26 pm |
  17. Travis

    PONY UP PUMA.....hahaha

    August 21, 2008 06:26 pm at 6:26 pm |
  18. Paul

    I guess PUMA is broke to then huh...Maybe she could ask John McCain to sell 6 of his 7 houses for Hillary to help pay down her debt, after all PUMA's is going to put him in the White-House right and whats a house or two among friends?


    McCain/Hillary 08'-12'-16'-20'

    August 21, 2008 06:26 pm at 6:26 pm |
  19. STILL FOR HILL is a troll

    Hey STILL FOR HILL, how much did you donate? It seems all you have to give is disrespect and hatred. It must suck to be you.

    August 21, 2008 06:26 pm at 6:26 pm |
  20. Jason, Los Angeles

    Wait, what has she done for Obama, other than give him lukewarm endorsements and a failure to get the vote out for he Democrat colleague? I'm certainly not going to throw my hard earned money at her: I want Obama to win in November. He gets my donation every time.

    August 21, 2008 06:26 pm at 6:26 pm |
  21. Morningstar

    A $ here a $ there, just $1 per supporter. Is that too much to ask?

    August 21, 2008 06:26 pm at 6:26 pm |
  22. franck

    Why so much rush ???
    Hillary debt can wait !!!

    August 21, 2008 06:27 pm at 6:27 pm |
  23. Zoinks

    The Clintons are worth more than $100 Million. They should stop whining, they knew they were a long shot when they barely won Texas, they continued to spend, they can pay it themselves.

    August 21, 2008 06:27 pm at 6:27 pm |
  24. anonymous

    Well Hillary now wants everyone to pay up for her debts incurred while being a candidate. Well that is TOOOOOO BAD. Let her pay her on debts. We are still paying for all the debts her husband got us in while he was president. Who pays your debts? So let her pay her own way. This is one thing wrong with our country. We tax payers pay for EVERYTHING. The Clinton's have plenty of money so let them start hashing it out for the debts.

    August 21, 2008 06:27 pm at 6:27 pm |
  25. RB

    OK, republicans pretending to be democrats. We've caught on to your "where are her 18 million", your "the primary was stolen", your "puma for mcbush", and your "no deal" attempts to stir the democratic party. Don't worry, once Obama is elected president, he will go out to help HRC raise money to settle the debts she owes to vendors. But, for now we need to focus on the White House. She understands. She won't get her personal money back. So, come up with something new and exciting please?

    August 21, 2008 06:28 pm at 6:28 pm |
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