February 1st, 2009
12:41 PM ET
9 years ago

Clinton started 2009 with $6 million in debt

Hillary Clinton has forgiven her personal loan but owes vendors $5.9 million.

Hillary Clinton has forgiven her personal loan but owes vendors $5.9 million.

WASHINGTON (CNN) - Secretary of State Hillary Clinton rang in the new year still saddled with $5.9 million in debts left over from her unsuccessful 2008 presidential campaign, according to records filed Saturday with the Federal Election Commission.

The nation's top diplomat has been steadily chipping away at unpaid campaign bills since suspending her White House bid in June, when her debt peaked at $25.2 million.

That amount included both $12 million owed to vendors and the $13.2 million she loaned her campaign from personal funds.

Clinton's campaign was unable to repay that personal loan by the time the Democratic National Convention convened in Denver, Colorado, in August, the deadline mandated by the 2002 McCain-Feingold campaign finance law.

The former New York senator has since forgiven the entire loan amount, leaving only the $5.9 million owed to vendors on the campaign's books.

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soundoff (151 Responses)
  1. Wisest one of All

    Funny as hell!! The retard got what she deserved. Proven Fact!

    February 1, 2009 02:42 pm at 2:42 pm |
  2. Lauren

    GuyinIowa February 1st, 2009 11:53 am ET
    to hell with all of you haters. guess what, she's going to be around for a while. get used to it!

    guyiniowa,,,, your comment is a REALLY, well thought out, educated reply. How long hiding behing your computer did it take you to come up with such a thoughtful, informative comment?

    I do not want to hear about rich Clintons debt,,, PAY YOUR BILL LADY.
    No one cares my job has laid off 800 people and I am working only 32 hours a week, and have a mortage, carp payment and health care cost,, HEY CNN,,, want to hear about the blue collar problems int his country,,, not the elite politician who can owes money, when she probaly has that much in the bank to pay it off.

    February 1, 2009 02:43 pm at 2:43 pm |
  3. Dexter Skagway

    Why don't the Clintons pay their own debts? It's not like Bill hasn't been cashing in on his presidency in a HUGE way. I guess expenses are for little people, not big, important people like the Clintons.

    February 1, 2009 02:45 pm at 2:45 pm |
  4. Larry Houston TX

    Well, IF it wasn't for Hillary endorsing Obama at the DNC, and evrywhere else, for that matter, BELIEVE ME, HE would NOT be the Curent President, and I think everyone already KNOWS this......
    (he would have been "sunk") ( although I'm a democrat ) and Voted for HIM, (because the Hillary dropped out)
    (definitely didn't want another Repub) (after 8 years of pure Hell)

    SO, this being said.......OBAMA SHOULD take whatever is left over
    from the election money, (which is around 15 million) and PAY it
    OFF !!!!

    Bottom Line : She scratched His Back, now it's Time to Scratch Her Back !!!

    February 1, 2009 02:50 pm at 2:50 pm |
  5. Common Sense

    Ridiculous. Politicians born to wealth have no idea how hard us common people work to feed, clothe and educate our families. They can't balance a budget and want to spend OUR money all the time.

    February 1, 2009 02:56 pm at 2:56 pm |
  6. Kenneth the Perv

    Barry O. should help her out!

    February 1, 2009 03:00 pm at 3:00 pm |
  7. Anna, ATL

    I am sure know one else on the blog has a high ratio debt to income, which, but the way, 6 million is trivial to the Clintons net worth.
    These same folks logically expect the country's wealthy to pick up the slack and the tab for their short wallets.

    Oh, yes. Such a double standard we live!

    And no, she cannot pay back campaign debt under campaign finance laws with her own money.
    She will find a way to do it.
    The Clintons give a lot of time and money to the betterment of planet earth and the people; their goodwill will find its way back.

    February 1, 2009 03:10 pm at 3:10 pm |
  8. Jan Illinois

    Just try and stop her, I dare you!!! She's smart and tough, and she will find away. After all she is a woman and we usually do what we set out to do. Shame on the women who are on her who don't support her , you may not agree with her on everything or issue, (do you agree with your best friend on all) But you still should have supported her for every woman who WILL come behind her, your daughter or grand daughter possibly. Once again the minority that are women could not agree on the presidency or for that matter a recipe, and once again, just the way the men want it we have lost again. Pathetic!!!

    February 1, 2009 03:12 pm at 3:12 pm |
  9. Anna, ATL

    She can't loan money to a campaign that doesn't exist anymore, Tom Crow.

    February 1, 2009 03:15 pm at 3:15 pm |
  10. Linda in MS

    Ha Ha... I love ya'll. Tate says "at least she has not been cheating on her sprouce yet'. Too funny. For the life of me, though, I've never heard Ms. Clinton make a public statement concerning her campaign debt, and I can't help wonder why some people accuse her of whining about it. Hillary is tough, smart and she and her "sprouce" have money. She'll be just fine.

    February 1, 2009 03:20 pm at 3:20 pm |
  11. MK

    Welcome to the real world Hillary...Maybe she could ask W for some of his oil friends money, he made them buckets full all while ruining our economy. Surely he knows of someone who made a mint off of us who wants to buy some more influence in the state department.

    February 1, 2009 03:27 pm at 3:27 pm |
  12. TrueIndependent

    Mark Penn is the very reason she can't seem to wipe off the last $6M. He really messed her up with inflated invoices for some real mediocre services.

    February 1, 2009 03:38 pm at 3:38 pm |
  13. Marie,San Diego

    Eventually, she will get there and pay all those debts. As much as I dislike her during the primary, I know she will be a tremendous SOS. Deep inside, she want to serve this country in her own terms. Good luck Madame Secretary...go and spread your intellectual agenda and be a part of CHANGE.

    God Bless!

    February 1, 2009 03:43 pm at 3:43 pm |
  14. RiggsMD KC,,Mo

    It doesn't matter!

    February 1, 2009 03:58 pm at 3:58 pm |
  15. Ed, Santa Fe, NM

    Hillary is a jerk and has no one to blame but herself for her campaign debt....

    February 1, 2009 04:09 pm at 4:09 pm |
  16. Matt, Canoga Park

    Come on Barack Pay to Play. It's what you are good at. You are going to allow your pick for Secretary of State stiff Americans with 6 million in debt?

    That's your debt now Mr. President. Cough it up. You wanted her you got her and her debt. Pay up you dead beat Dems. Your One Term as President is ticking away.

    February 1, 2009 04:14 pm at 4:14 pm |
  17. shoegazer

    I hear taco-bell is hiring.

    February 1, 2009 04:25 pm at 4:25 pm |
  18. shannon

    as usual the people who supported Obama are here spewing their same old hate, hope and change sure is ugly. I wish someone would have informed the rest of us that hope and change meant tax cheats and lobbyist, who knew, it sounds like the same old garbage to me. Hope and change what a joke!

    February 1, 2009 04:34 pm at 4:34 pm |
  19. Ken in NC

    So many complain that President Obama should write a check and pay off the Clinton debt. These people are not versed on campaign finance rules that prevent him from writing a check to pay off her debt. These same rules specify just how monies can be used to pay down debt and the limits to funds solicited and also The Hatch Act governs when the candidate can no longer work directly with their campaign to pay down the debt. There are many rules in place that govern just how funds can and cannot be used to pay down a debt. Before so many complain, maybe they should consider finding out what she and President Obama can and cannot do to pay down her debt.

    February 1, 2009 04:45 pm at 4:45 pm |
  20. rjn

    So is Hillary the next bailout?????

    You need to learn from your Dem friends don't pay taxes until you get caught!!!

    Come to think of it if the Dem would pay their taxes maybe we would have a deficit. ( Food for thought)

    February 1, 2009 04:51 pm at 4:51 pm |
  21. rjn

    So is Hillary the next bailout?????

    You need to learn from your Dem friends don't pay taxes until you get caught!!!

    Come to think of it if the Dem would pay their taxes maybe we wouldn't have a deficit. ( Food for thought)

    February 1, 2009 04:52 pm at 4:52 pm |
  22. Chris E

    Why is it that most of the top cabinet member pick by Barack Obama why are they having money problems. 1 Secretary of State is in debt, 2 Secretary of Treasure do not want to pay taxes WOW he is the guy that need ot be over the IRS what a joke, and last but we know not least Secretary for health he is riding around like a rich man and not paying the driver nor any taxes, what a great list of people to pick to help run the world...

    February 1, 2009 05:25 pm at 5:25 pm |
  23. Cindy

    Never saw so many people with such anger and hate for a person they do not even know. What a terrible way to spend all you energy.

    I did not vote for Bush either time, but I do not go around bad mouthing him and hating him for his ill choices.

    Get over it and do something usefull with your self.

    February 1, 2009 05:28 pm at 5:28 pm |
  24. Steve (the real one)

    Nice way to set the example for all of us little people! We have bills and are expected to pay them. Do the same! No sympathy here !

    February 1, 2009 05:28 pm at 5:28 pm |
  25. TheTruthHurts

    You know Bill could write a check if he wanted. I can't believe these vendors have not been paid. That is shameless, particularly in this economy. I'm sure some have had to go out of business.

    February 1, 2009 05:35 pm at 5:35 pm |
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