CHICAGO, Illinois (CNN) - A source tells CNN that Barack Obama's presidential campaign raised $800,000 to help pay down Senator Hillary Clinton's debt from her bid for Democratic presidential nomination.
An aide to Clinton says that the Senator from New York has $7.6 million in debt remaining from her primary campaign. Clinton was over $20 million in the red after she gave up her campaign and endorsed Obama following the end of the primary season in early June. About half of that figure was money she owed herself after loaning her own campaign over $12 million dollars.
An aide to the president-elect says that the Obama campaign will disclose how much money they have left over from their run for the White House when the campaign files a financial report with the Federal Election Commission on December 4.
Who gives a crap. The USA is going to hell in a hand basket.
She's in debt because she could not accept the fact that she was loosing the primary. Had she conceded earlier in the primary and NOT run the long Dem primary against Barack, she would not be in such bad shape.
I am equally pissed, because I gave money to her campaign in January, by the following month everyone knew who was going to win the Democratic primary.
All the McCain supporters stop hating.
Why doesn't Bill get up some donations? He's dug up a lot and besides do these people think we don't think they have money to burn?
How much money did Hillary raise to help Obama win?
I believe it was a quite larger amount, so people should stop hating on Hillary.
if congress is going to bail out GM while it still continues to make mega-trucks and SUVs (and blatantly advertises the fact on national television) then they can sure as hell help Hillary Clinton! i love my Yaris!
Apparently, she owes herself the remainder of the debt. Perhaps she'll forgive it. If only I had twelve million dollars to loan myself....
If she wasn't so stubborn and quit sooner, she wouldn't have dug her hole so deep!
The on slaught of hillary hate comes once again. She is not saying anything about her debt she has said she is not looking to pay off herself. She probably owes it to the big jerk who she is probably not gonna pay.
Politicians at all levels throw personal dollars into their campaigns. If Hillary wants it back, she should fundraise from her supporters.
I want to know: is the $7.6 million she still owes owed to herself??
The money owed to others should be paid back first. The money she owes herself, she should eat. It was her campaign, she knew the situation and, if she's going to loan her own campaign money, she should be ready to eat the loss.
I totally agree with Scott NYC Independent – where are all of those that encouraged her to keep on running even when it was obvious what the outcome was going to be. They threatened to, and in some cases did, go over to McCain. Dig deep PUMAS – help your lady out.
Clinton would be a good pick as Secretary of the Treasury. She clearly has experience spending more than she has.
Hillary is going to have eat that $7.6 million she loaned herself when people stopped contributing to her campaign. Even though it was perfectly clear that Barack was ahead, Clinton stubbornly refused to drop out, even when she no longer had any support. Clinton told her supporters to vote for McCain, she practically destroyed the Democratic Party, and she and her followers were sore loosers and a horrific nusance. So, I say, pay your own bills Hillary, you got what you deserve.
Why is it so hard to get ya'll to print my comments. It seems others fly right thru?? Que Paso?
Well…. I gave her what I could. And I really think she has what it takes to be a good Prez, Sec of State, or Sen. But! She could not have picked a bigger bunch of losers to run her campaign, and she certainly suffered from thinking it was a coronation, not a contest. That said,…..
It's difficult to feel sympathy for this. It was a risk she took, and it seems that she could afford it.
Desperate women, what else can we say.
Anyway if the Clintons are not into anymore backstabbing...Obama may help her pay off some or all of the debt.
He's a wise man and he will do something about it
A series of fundraisers and the debt will be handled.
Especially if Hillary gets a cabinet post!!!
Okay, negative hotheads– Clinton hasn't been asking people to pay off her debt, so lighten up.
I'll just about guarantee you, the ONLY campaign that didn't end with a possible debt was Obama's. And I'm still wondering just exactly how he pulled that off. And before you go ballistic, yes, I voted for Obama. But I still wonder how he raised so much money.
But just get off your high horse about Clinton. And by the way, Scott in NYC, she DID have a chance of winning, so ease up bubba.
Naming her Secretary of State more than pays off her debt.
a.) it enhances Bill's opportunity for speaking $200K per pop speaking fees
b.) it enhances Hillary's opportunity to write a book / memoirs and recoup the money she lent her campaign
c.) as a loyal member of an Obama administration, Obama supporters will be more willing to donate to the cause.
Now since some of that money is "owed" to Hilary strategist, Mark Penn, who trashed Obama ... I say he get's pennies-on-the-dollar.
It's her debt, why should we be concerned. Once again and I hope this is the last time I have to say it, if she had left the campaign sooner, she wouldn't have had the DEBT. She can borrow the money from her rich hubby. Leave the rest of us alone.
End of this story, I hope.
Why doesn't HRC just ask her husband for the money? Hell, he raised over $500 million for a foundation of his that used most of the money for his Presidential Library. He ought to be able to ask some of his "buddies" to give the money to pay off her debt. Personally, I think she should have to pay back every penny! and as to the $12 million she used of her own money....BYE BYE $12 million!