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. Judy

    Why does anyone except the candidate themselves have to pay for their debt incurred by fiscal irresponsibility?
    I am voting Obama, I will not vote at all if Hillary is on the ticket.
    If Mccain wins, my family is leaving this country that we have lived in, since the early 1700's, due to his bringing back the draft, he will remove a woman's choice. The economy will get worse as nuclear, wind, and new drilling will all take 10 yrs to start paying off. Still no health care for all. And who knows how many wars we will be fighting.

    August 21, 2008 06:28 pm at 6:28 pm |
  2. anonymous

    I do not feel sorry for her.

    August 21, 2008 06:28 pm at 6:28 pm |
  3. Lisa

    Yeah we'll take our $1.00 with us if Hillary's not on the ticket.

    August 21, 2008 06:28 pm at 6:28 pm |
  4. 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 06:28 pm at 6:28 pm |
  5. Victor E. Gutierrez

    I can not understand why some of Mrs. Clinton's supporter are sceaming now about Obama helping her pay her debt. I am trying to understand the isea. If you do not have the money to pay your bills, do not use your credit, if she did overspend, it shows her lack of fiscal resposability. In addition, her behavior lately related to her silence about the convention does not encourages people like me, an Obama supporter, to help pay her bills. She wanted to play hard ball, she needs to face the consecuences. her husband has NOT been very gracious either. how come none or her supporters say anything about that.
    Good luck to Mrs. Clinton.

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

    Still for Hill, how much money have you and your other friends given to clear Hills debt? I guess she should have thought about this when she tried to throw everything at him including the kitchen sink.

    August 21, 2008 06:28 pm at 6:28 pm |
  7. Gene

    Still for Hill...

    It's supporters like you that she's in the trouble she's in... all talk... all tears.. no action. And how can you be so dead set on voting for someone who's so bad at managing something as simple as a campaign? You must really want our country to be economically bankrupt.

    Anyone still surprised that Hillary's 18 million haven't helped her retire this debt yet?

    Maybe Rush Limbaugh should encourage all his operation chaos people to repair the damage they've caused.

    August 21, 2008 06:28 pm at 6:28 pm |
  8. Nicole

    Once again CNN is this another attempt to make Obama look bad like all the other stories ya'll be running these past few weeks.

    Why should it be up to Obama to retire her debt. She knew the race was lost however it was her decision to stay in and spend money that she didn't have. The Clintons have way more money than Obama pay off your own debt just like the rest of us.

    And where in the hell is all the PUMA's! You can't find one whenever this topic comes up!

    August 21, 2008 06:29 pm at 6:29 pm |
  9. Boulder Brian

    I love both Obama and Clinton. Caucused for Obama, but it was hard to choose him over Clinton.

    However, her campaign may just go down as one of the worst managed in the history of modern politics...

    August 21, 2008 06:29 pm at 6:29 pm |
  10. Patrick - Novato, CA

    So Hillary–who spent money she didn't have in order to "throw the kitchen sink" at Obama–wants Obama to pay those bills? Give me a break!

    She wouldn't be so deep in debt if she hadn't stayed in the race for months after it became evident that she couldn't catch up. (Evident at least to those in her camp and in the press who didn't have a vested interest in pretending it was a close race.)

    It would be a horrible precedent to set where the unfairly tarnished winner is expected to cover the expenses of a fiscally irresponsible opponent's mud slinging.

    August 21, 2008 06:29 pm at 6:29 pm |
  11. Unity

    Why hasn't Hillary been much more visable campaigning for Obama? The more visable – the more money, Hillary.

    August 21, 2008 06:30 pm at 6:30 pm |
  12. Ouch Obama screwd

    If Obama doesent pay Clintons debt, she will make sure he fails... its already in her best interest... without a behind the scenes agreement one could say Bye Bye Obama...

    August 21, 2008 06:30 pm at 6:30 pm |
  13. Truth

    I'm upset that my money went to her campaign and she didn't finish the deal. I'm confused that my fellow Hillary supporters find that her current debt is Obama's fault. My fellow women must not own up to a car accident that they caused while putting on make-up. WEAK.

    August 21, 2008 06:30 pm at 6:30 pm |
  14. Larry, Apex, North Carolina

    Hillary (and Bill) Clinton care nothing for our country, and never have. They only care about themselves; their delicate egos are bruised so easily. Barak Obama owes them nothing-he has been plenty gracious to their whining and petulance.

    August 21, 2008 06:30 pm at 6:30 pm |
  15. Walt, Ohio

    Hey still for hill, since you still support Hillary, Help her retire her debt. There are 18 million of you aren't there? 1 dollar a piece would pay her debt.
    Pathetic losers.

    August 21, 2008 06:30 pm at 6:30 pm |
  16. Anne E.

    If each of those "18 million" voices demanding to be heard next week chipped in one dollar, it would make a sizeable dent in her debt.
    Time to pony up, ladies, if you really believe in and want to help your candidate.

    And for those of you who insist you'll vote McCain - be sure to talk to your sons, daughters, nieces, nephews, grandsons & granddaughters about a little thing called THE DRAFT. Apparently from yesterday's town hall in NM, he agrees with reinstating; in other words, bringing back the draft. Wake up, wise up, and GROW UP.

    August 21, 2008 06:30 pm at 6:30 pm |
  17. Danny G. Boca Raton, FL

    I wish she would be the VP, doubtful but is a wish. I really feel that she is ready to lead and is a very gracious and skilled politician. she will bounce; she is an effective leader and she will be o.k.

    August 21, 2008 06:30 pm at 6:30 pm |
  18. Why do you never post my comments?

    Clinton would have relieved Obama's debt. You're a spoiled little brat, Barack. I'm going to vote for an adult.

    August 21, 2008 06:31 pm at 6:31 pm |
  19. shaik

    Her vocal (I will vote for McSame) 18 million supporters each gives $1.50. She will erase the debt, and have money left over for a vacation with big Bill....better yet, during the convention week!

    August 21, 2008 06:31 pm at 6:31 pm |
  20. Never Hillary

    She can pay her own debt off it is really pathetic when you have to ask a country that is in a recession to pay your debt off and you are a millionaire. The one good thing about this is no matter what if Obama wins or loses HRC is done if she tries to run again many of his supporter will not support her again and she will lose even worse. HRC and the PUMA need to realize in order for her to become POTUS she would need the support of O's supporters in 2012 and that is not going to happen. I like Bill Clinton but HRC is disgusting.

    August 21, 2008 06:31 pm at 6:31 pm |
  21. Rosemerry Cleveland

    And what is Lynn forrester refering to "what the Clintons have given Obama" . Nothing! Her campaign was ruinous to her own parties chances of winning the White House paving the way for the republicans win and her next campaign !! why would I pay for that!!

    August 21, 2008 06:31 pm at 6:31 pm |
  22. Matt

    sooooo she really doesnt have 18million supporters? Barack Obama has rasied hundreds of millions of dollars off of 2 million donors and clinton cant raise 20million with 18million supports?

    August 21, 2008 06:32 pm at 6:32 pm |
  23. TrueIndependent

    I truly believe that Obama's supporters would pay off her debt within 10 days depending on how she behaved at the convention.

    August 21, 2008 06:32 pm at 6:32 pm |
  24. bea

    For the first time since I could vote, I changed my party affiliation from democrat to Independent. The DNC is showing their true colors and I am tired of them counting on my vote. I am leaning towards not voting in November, there is no lesser of two evils as far as I see it. The lack of respect given to Hillary Clinton is astonishing. Regardless if you like her or not she does not deserve to be treated this way.

    August 21, 2008 06:32 pm at 6:32 pm |
  25. lizfor hillary clinton

    nobama should pay...why NOT he bought himself the nomination

    August 21, 2008 06:33 pm at 6:33 pm |
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