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.
It is nice to work for Obama, he has a lot of money left over from the campaign, and believes in spreading the wealth.
First of all, with MI and FL counted, Clinton was LEADING and there was no reason for her to leave the race.
Second, her campaign advisor Patti Solis Doyle made a big mess of things and didn't inform Clinton that she'd spent down the cash until it was too late, forcing Clinton to loan herself the money. It was a major back stab. Clinton fired Solis Doyle who was later HIRED BY OBAMA. Sabotage much?
Third, Clinton already said she is not seeking to have her personal loan payed back! So stop complaining about that.
Fourth, Hillary Clinton made 80 campaign stops and managed to convince her very reluctant supporters to back Obama and he won. He would not be President without her. People who gripe about it are the same people who would have griped had she not helped him. NEWSFLASH: They are in the SAME PARTY, she is no longer his rival so people need to quit with the bashing and have some respect. Obama and the DNC raised nearly a billion dollars. Clinton raised countless millions for Obama, other races and the DNC after the primaries! This party's obligation – yes, I said it OBLIGATION to help Clinton pay off her 7 million dollar debt should be a no-brainer.
I have to pay my debts and she should pay hers or wait for the bill collectors to call...........
Bill can give her half his pay from his speeches for the next 2 years and it will pay it off.
Senator Ted Stevens is not a R- Arkansas. He is rather R-Alaska. Please make the correction.
18 million people stood behind her a dollar a pop. do the math. or wasn`t hillary worth that buck? and ya im going to loan myself money. but i want other people to pay off my loan...and "c in stl" as soon as you find someone let me know. i`m over here scratching my head with a dumb founded look on my face....lol
Hillary Clinton has my support for the position of Secretary of State. However, I do not think that it is anyones responsibility to bail her out on this one. She spent the money; she made the decision to do so; she must live with the consequences.
I wish all the obama supporters would stop acting like Obama was never in debt.
In October he owed over 2 million dollars and had the Clintons not helped him raise money for his campaign he would have been in more debt and possibly lost the election.
So get your heads out of the sand and stop attacking Hillary.
Clinton helped Obama raised millions with her donors so therefore Obama should have used his base and his donors to help her out as well. The Obama campaign raised $800,000 when Clinton helped him raised more than that. Its only fair for Obama and his campaign to help her retire her debt. She did was she was asked to do. Campaign for him, helped him raised money and help Obama with her donors.
I only owe $110,000 on my house. Who's going to help me pay for that? I'll start taking donations. Checks payable to "I can pay for my house but would like someone else to do it for me".
let her take the money out of checking
*** Now folks use "loan" as verb and noun, as in, "Loan me a loan of ten dollars." I don't get it. ***
I'm sure there are a great many things you don't get, some of them quite simple. But when you get a chance you may want to look into the fact that languages are living things that change over time. They always have and they always will.
Obama has to pay for all debts. This is logical.
Ann the answer to your question how much did Hillary help Obama raise to win is about 10 million, but dont except Obama to return any favors he's selfish that way.
Ok, so where are all the devoted PUMa's. Their claim to support Hillary for all eternity doesn't include putting up their money?
It is interesting to see the repercusions of losing support. Her supporters did not give what they had to give in order for her debt to be forgiven. I do feel badly for her though. i would hate to be millions in debt.
Maybe Bill should come up with some of that
money he "collects" for his foundation.. Clintons have money...
H.illary .. pay your debt like everyone else in this country and quit
looking for the handout from Barack and the taxpayers.
Surely, Bill knows how to get around this.
That is her own dam fault
Pay up Barack!!
3 Bill speeches should cover it
Now ain't that her lil personal problem! She paid herself once or twice, so she can now pay herself again and get out of debt and now look for welfare from our New President-Elect Obama or President Obama. She needs to go back into her bank account or take some of those Millions from her husband.
I think Obama is doing an excellent job. The change he speaks of is "something better than the last 8 years", and everybody need to understand that. So what if he get some of the Clinton's staff in there. He is trying to put together a team that can work.
Obama probably has enough money to bail out GM, Chysler, Ford, and anybody else looking for a hand out.
Go Obama !!!
I love HRC – but, noise follows the Clinton as a whole. The more I think about her as SoS, the more my stomach turns. Bill Clinton – who is one of the best modern day politicians – brings with him to much baggage – great mind; personal flaws. GOP will have a field day with this.
Barack – You need to fire whoever is leaking these stories – and this was not a good move on your team's part to let this story go unanswered. Lessons learned – document them and learn early.
please, give it a rest...the country will be just fine. since you don't live on earth in the first place, why are you so concerned ..are you thinking of moving to earth to retire?