December 21, 2008
Posted: December 21st, 2008 10:32 AM ET

From
Hillary Clinton says she hopes to have her campaign debt paid before her possible confirmation as secretary of state.
Hillary Clinton says she hopes to have her campaign debt paid before her possible confirmation as secretary of state.

WASHINGTON (CNN) - Secretary of State-designate Hillary Clinton had $6.4 million in presidential campaign debt at the end of November, according to a report filed Saturday with the Federal Election Commission.

The amount, though still significant, represents the lowest level of debt the New York senator's failed presidential campaign has reported this year. Clinton's campaign debt reached its peak, $12 million, at the end of June and has gradually fallen since then.

Clinton said she hopes to pay off her debt before her possible confirmation as secretary of state.

Clinton has also officially forgiven the $13.2 million she personally loaned her campaign. Under the McCain-Feingold campaign finance law, presidential candidates who loan their campaigns money from personal funds may only be paid back if they do so by the national party convention - in this case, the Democratic National Convention held last August in Denver.

Clinton began November with $985,000 in her campaign account and raised nearly $290,000 by the end of the month. Her campaign paid out $1.2 million, mainly to unpaid vendors, ending the month with $188,000 in the bank.

The $6.4 million in remaining debt is owed to a total of 16 creditors.

Full Story

Filed under: Hillary Clinton


Happy, Bellaire, Texas   December 21st, 2008 3:28 pm ET

I almost starting crying when I read this story. How come Obama didn't pay off her debt? Wasn't that the deal for her supporting him, or just another broken promise from the Obamasiah? Why doesn't Hillary just ask Billy to pay it off for her, I hear he has $400-500 miilion from his shake down of foreign countries and pardon beneiciaries. Maybe the Saudi Royal family could give her the money directly to pay it off without going through Bill before she's confirmed as SOS?

Dan, FL   December 21st, 2008 3:28 pm ET

Barack has been selfish. He should have paid this debt from his own campaign money. Besides, Barack wants to have a bi ceremony for his inauguration. If he wants to be accountable then he should not have such celebration, our nation is in economic difficulties so he should cancel such celebration. I do not believe that his crowd of advisors will not give him common sense because everybody wants to make money at tax-payers expense.

TexAnnie *-*-*-*-*   December 21st, 2008 3:19 pm ET

All you dumb bunnies out there who think the other campaigns ended with a positive cash flow need to do a little research. Obama is probably the only candidate who ended the campaign with a big surplus. A few others might have ended close to the break-even point. Many others are still paying off debts just like Clinton.

irritated in Fl - grow up. Quit being a whiner. You sound like the proverbial "If I can't be the captain, then I'm going to take my ball and go home" whiner. Politics is a tough, expensive, bruising arena– sometimes your guy wins & sometimes he doesn't.

Henry in NC– have you bought any TV times lately or paid for TV ads to be created?? Have you chartered any big planes lately to criss cross the country? None of it is cheap. Quit trying to look for some non-existent boogey man. Those numbers sound pretty much along the norm for national campaign creditors.

A lot of posters on these blogs need to spend a little time reading & doing some research before engaging mouths.

San Jose   December 21st, 2008 3:18 pm ET

Republicans are such idiots, you LOST now get over it.

Gwen   December 21st, 2008 3:07 pm ET

For those of you who aren't informed enough to understand, she CAN'T just pay that debt off from her personal wealth. Neither can Bill. It's against campaign finance law. So at least on this account you lose your opportunity to slam the Clintons. I'm sure you'll find another reason, though. Obsession is forever, I hear. *rolling my eyes*

Hillary---stiff em' for the $6 million----   December 21st, 2008 3:04 pm ET

Hillary-no reason to pay those fools that cost you the election--especially Penn who was critical in helping you to lose the 20 point lead you had over Obama-

But Hillary, please do not run the State Dept. like you ran your campaign–we can't afford it-

Wayne   December 21st, 2008 2:57 pm ET

She will not be hurting. Remember, she loaned her campaign money. She never intended donating a cent to her campaign. She is greedy. Bill is making plenty of money by selling out to the Arabs so she will be owing them favors.

Joe the Drummer   December 21st, 2008 2:46 pm ET

The Clintons could come up with 6.4 million by checking under the seats of their car. Or have Bill give a speech on the success of NAFTA

Meka   December 21st, 2008 2:43 pm ET

Hiliary will be good as Sec. of State . . . she will NOT have to BALANCE ANY BUDGETS!

Xavier   December 21st, 2008 2:41 pm ET

irritated in FL,
Them words sound like republican talk to me. I doubt you were ever a Hillary supporter, or a democrat for that matter. You are nothing more than a republican still trying to follow the lead of idiots like Rush trying to stir trouble. If you want to be irritated at something, be irritated at the fact that it was republican public officials in Florida that gave us the mightmare called W. Bush to begin with.

Shawn Colorado   December 21st, 2008 2:35 pm ET

The US citizens need to put a cap on how much a presidential candidate can raise. Look at how much money the Democrats threw out there to get their candidates into office and how much of that money came from special interest groups with their own private agendas.

Matt, Canoga Park   December 21st, 2008 2:33 pm ET

The Obama government the best government money can buy, or pay off, or pay to play. Or what ever it is today.

Teddy Bee   December 21st, 2008 2:19 pm ET

I was a financial contributor to Hillary's campaign even though the only phone calls I got were from Obama's campaign. However, I voted for Obama in the general election. Hillary should remain as senator and then see if Barack Obama will still help her to get out of debt.

Chris (Hillary supporter)   December 21st, 2008 2:10 pm ET

Hillary would have won the nomination if the Democrats would have allowed Michigan and Florida to vote in a regular way. It still gets me every day how the Democrats just cut off those two states. Hmm, interesting that those two states favored Hillary in big numbers...

Ilona Hussein Proud Canadian   December 21st, 2008 1:54 pm ET

Henry Miller, Cary, NC

After losing to Barack, Hillary was in debt to the tune of
about $20 Million, included in this total was millions
owing to Mark Penn, so maybe he has not been paid
in full, and a huge chunk of the current $6.4 million may
still be due to Penn?

Sara from Arizona   December 21st, 2008 1:50 pm ET

I voted for Obama because I did not want A Clinton in the White House and now she is going to be SOS. So disappointed in Obama for appointing her.

flybyshoeing   December 21st, 2008 1:38 pm ET

I hope she pays the small business vendor first. As far as owing any money to Mark Penn, she should tell him to go whistle.

Anonymous   December 21st, 2008 1:22 pm ET

@Henry Miller: As someone who has worked for a PAC, a presidential campaign, and now works in the private sector but does work for campaigns, I'm relatively certain those 16 creditors are unpaid vendors as well. Vendors, be they mail houses or web developers, always get the shaft towards the end of fiscal quarters or the end of the campaign.

rachel   December 21st, 2008 1:17 pm ET

Haters in 1.2.3

Anyways... I hope people will now shut up and realize Hillary is not paying herself back and that she is paying back small venders and she is just doing what she is legally able to do fundraise until she is confirmed and if she is confirmed and the debt isnt paid I am sure she will be paying the small venders. She can stiff mark penn all she wants for all I care.

California Gold   December 21st, 2008 1:07 pm ET

I'm thankful it's her debt and not mine. Unlike many Americans, she has a job. Unlike many Americans who need protection of the court, she can be thanked for voting to strip those protections. I wish her all the best.

Flo   December 21st, 2008 12:44 pm ET

I can't wait to see Hillary in her new role, she will be great for Obama's agenda. I hope the senate confirmation don't become a battle ground for negativity because Hillary is an exciting choice for Sect of State.

Greg Hodges   December 21st, 2008 12:33 pm ET

Irregardless of the candidate or party; is it not crazy that people have to go millions of dollars in debt to seek the highest office in America. I don`t pretend to have the perfect solution; but everyone should have a level playing field where the candidate with the best ideas/vision would win the day. Unrealistic and utopian? Yeah, probably. But it is sad that those who lack the finances/connections are having the door slammed in their face from the beginning.

randy   December 21st, 2008 12:14 pm ET

i cant imaging a family worth over 100 million will be in debt of 6million i cant understand.

Henry Miller, Cary, NC   December 21st, 2008 12:13 pm ET

"The $6.4 million in remaining debt is owed to a total of 16 creditors."

Hmmm, that's $400,000 each, on average.

Now, just was it that those 16 creditors expected to get in exchange for nearly half a million dollars?

New Yorker   December 21st, 2008 12:12 pm ET

What? Bill and Hillary are still in debt????? Come on with all the income they receive. What are they waiting for, handouts or shall we say "bailouts"??

Felines for Freedom   December 21st, 2008 12:07 pm ET

Clinton's political consulting firm should also forgive the debt considering their consultations played a large role in her failed campaign strategy. Don't contest the caucus states??? Sure, those states don't count! If pay was strictly merit based, the Penn firm would not be entitled to much remuneration. All they basically did was trip up the front-runner.

James   December 21st, 2008 12:05 pm ET

Man this site is no longer for the smarter crowd, just in the past few months this has turned into a joke for a news site, dont post this like you do all my comments, do the little 12 year old ranting babies a favor huh? like you have been. Keep the idiotic opinions coming, like how republicans have zero accountability and want to blame Dems for all this, talk about simple simon thinking, we have brains for a reason you know!!! they are over here blaming Obama who hasnt taken office, one person throws up statistics and says job loss isnt that bad, 90 percent of the idiots on here attack Hillary and her pay not realizing for a second that their bosses make more then she does and do a whole lot less, i mean wheres the clarity for these 1st graders that are coming on here from Fox, why are these articles written so badly with so many dumby spelling errors. Im telling ya where in trouble, we are over here worrying about Nasa when kids these days cant even tie their own shoe its really a joke, and its hard to laugh concidering our future is at stake, so Obama spending tax money?? too bad i guess he shouldve given tax cuts to the rich even though you attack Hillary for a pay increase, talk about contradicting. They let the market flow on good will like morons and wonder why it didnt work out, give me a break, get with the program kids. 2 years of Dem control didnt do this and if you think that your a lost cause, believing everything you hear as long as it doesnt bring up the fact that alot of real dumb people voted for these clowns twice in a row and kept up the corruption during a time of a failing economy in which this crowd wouldnt even admit to till it blew up in their face HAHAHAHAHA wake up America!!!!!!! and they wonder why their kids are an absolute mess. Go figure. Grow up everyone, use that brain you were given.

Irritated in Fl   December 21st, 2008 11:55 am ET

Well I certainly regret sending her my money when all she did was QUIT and let Obama steal this election. She knew there was voter fraud going on and that there was grounds to fight for the primary. Esp in the caucus states where the fraud was rampant. I hate that I was stupid enough to back a quitter. I thought she was better than that. Fool me once, shame on you, fool me twice shame on you. I will NEVER vote for another democrat. They are a bunch of quitters, cheaters and back room arm twisters.

tess   December 21st, 2008 11:54 am ET

note to fawning media – be sure you check where the money comes from – her contributions could become dangerous to the u.s. now that she has the world at her disposal! do not trust and ae sure to verify!!!

tess   December 21st, 2008 11:53 am ET

note to fawning media – be sure you check where the money comes from – her contributions could become dangerous to the u.s. now that she has the world at her disposal!

Taniel   December 21st, 2008 11:53 am ET

Campaign Diaries has an extensive rundown of all the elected officials picked for Obama's Cabinets and of all those who did not make the cut despite being rumored – and explains what all of this means for the electoral landscape in 2010 and beyond.

Ed, Santa Fe, NM   December 21st, 2008 11:38 am ET

Just shows her total irresponsibility is piling up debt because of her grasping lust for power.

Hillary as SoS is a HUGE error on Obama's part.

guy   December 21st, 2008 11:38 am ET

I am crushed, I will sell my house, children and wife, so I can help the poor woman

barackobama4prez   December 21st, 2008 11:35 am ET

she and bill should pay off these creditors. it's the right thing to do.

Ray Fisher   December 21st, 2008 11:34 am ET

Should America truly be interested in Hillary's campaign debt??? I think the political campaign spending has gone extreme anyway for everyone but to be this far in debt, I'm glad she wasn't elected in charge of the federal budget. Just as I thought, a female Georgie Bush, have checkbook will travel!!! As a politician she could have gotten more kickbacks as a senator to payff this debt. Maybe she shouldn't be Sec. of State simply so she can work off her debts!!!

Marcia, Marcia, Marcia in CA   December 21st, 2008 11:31 am ET

Let's talk about the billions of tax dollars going to banks, while these same banks are putting people out into the street. They are not extending credit, they have basically been able to break all laws, then are ask are STUPID government to pay them for breaking the laws.

Let's talk about them AWARDING miillions of OUR tax dollars to the same so-called "executives" in bonuses, stock options and salaries for their corrupt business deals and practices that have put the US economy in the tank.

Let's talk about ACCOUNTABILITY and put these people in jail!

BB   December 21st, 2008 11:29 am ET

Come on PUMAs – if 1/3 of you put your money where your mouth is, send her $1 each, it's all over. If you can't pay – please keep your mouths shut next election cycle.

jaye   December 21st, 2008 11:25 am ET

There are much worse things to be concerned about than her campaign debt.
She was wasteful, and, let her campaign go on much longer that necessary.
But, I wish her the best in resolving her debt.

Helen, NC   December 21st, 2008 11:20 am ET

She's on her own.

Paul   December 21st, 2008 11:14 am ET

Guess she should've quit when it was obvious she lost instead of dragging out the primaries through Pennsylvania, West Virginia and Puerto Rico.

joe smith   December 21st, 2008 11:08 am ET

we think she will make out just fine; but what is this ammunition accountability act that is making way accross our country. how did this get started, and why? and why hasn't our indepth, news reporters kept the civilian population up to date on the far reaching, liberty busting act? Franklin said,"those who can give up essential liberty, to obtain a little tempory safety; deserve neither liberty, or safety."

Shelly, IN   December 21st, 2008 11:07 am ET

So is she getting the 13.2 million dollars back? Write in plain English CNN.

Dave, Illinois   December 21st, 2008 11:04 am ET

Not to worry. The inevitable rift between the New York Democrats and the Chicago Democrats will generate money to fill her coffers. In my humble opinion, she will be out of her new job within two years.

J.C.   December 21st, 2008 10:55 am ET

Congratulations to Clinton's reducing her campaign debt to this low amount!
The great thing is that these 16 creditors can survive without anybody's help.

Bodil Bruus   December 21st, 2008 10:54 am ET

Mrs Clinton opted to cocntinue a losing campaign and thus brought this debt on herself...it is utterly amazing that anybody will donate
money to now to help in paying off the debt....this is truly a case of
"...throwing good money after bad..."

Texas Teacher   December 21st, 2008 10:51 am ET

Well, there you go, CNN... no other comments and both of mine are not worthy of consideration.... :) I'm about to spit up in my mouth... *LOL* at your ignorance..... happy Sunday!

sunshine   December 21st, 2008 10:37 am ET

america, does this make any sense, why do they all have to spend so much just to get us to vote for them, this is one of the major things wrong with our politcal system, no wonder america is broke.

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