Clinton loans herself $6.4 million
[cnn-photo-caption image= http://i.cdn.turner.com/cnn/2008/images/05/07/art.clintonmoney.gi.jpg caption=" Clinton has loaned her campaign a total of $11.4 million."]WASHINGTON (CNN) - Democrat Hillary Clinton has loaned her presidential race $6.4 million over the last month, bringing the total amount of money she has lent herself to $11.4 million.
And she is willing to lend herself more money, top adviser Howard Wolfson told reporters Wednesday, a day after Clinton eked out a narrow victory over Sen. Barack Obama in Indiana's Democratic primary but lost to him by a landslide in North Carolina.
The $11.4 million she has lent her campaign this year is about the same as the amount she earned from book sales and her Senate salary, Wolfson said.
On a conference call with reporters, Wolfson said the loan proves Clinton is committed to staying in the presidential race.
"The loans are a sign of her commitment to continuing the race, her commitment to continuing the process and her commitment to staying competitive with Senator Obama on television and other areas," he said.
"The campaign continues to raise a lot of money, but Senator Obama, to his credit, is also raising a lot of money."
Clinton loaned herself $5 million on April 11, $1 million on May 1 and $425,000 since then, the campaign said Wednesday. The senator from New York loaned her campaign $5 million in February.
Clinton began the month of April with close to $32 million in cash on hand, but only $9 million of that total could be spent during the primary season, according to the most recent campaign reports filed with the Federal Election Commission.
The report also showed that Clinton owed more than $10 million, meaning she was in the red even before she heavily stepped up television advertising ahead of the Pennsylvania primary in late April.
The day after her convincing Pennsylvania win on April 22, the Clinton campaign said it raised $10 million on the Internet. The campaign has not said how much it has raised since her close win in Indiana and her North Carolina loss Tuesday.
(Updates with campaign comments)
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Hillary is so stubborn she can't see clearly. She is amazing to watch and understand. She should get out of the race now, anything else is just selfish on her part. It is so clear she makes bad decisions and refuses to acknowledge them. Hmmm.....who does that remind you of?
Hey CNN, Sen. McGovern urges Sen. Clinton to get out of race.
People might call Indiana a victory for Senator Clinton. How ever, could she have won without Rush Limbaugh Operation Chaos? Thus, these RLOC actors will not vote democratic in november. Therefore, Barack Obama is more electable than Senator Clinton.
What an elitest.
Save your money honey.
McGovern just flipped to Obama.
to Bob (PA):
Why aren't all you Hillary supporters sending her money?
she is so bitter after IL and NC. I bet she was out of touch with Lake County IN. 🙂
Hilliary Clinton is a pompus idiot.
Throwing bad money after bad money. Get a clue Hillary.
I would guess the loans are the scorch and burn Obama so she can run in 2012... Power is more important than the people I guess...
hillary boody hand
This inane person has no clue about anything other than power. Neither economic nor healthcare nor military reality will stop her!
Stop her from what? Confronting the fact that she doesn't have a clue what to actually do if she achieves the office.
I admire her persistence – but as the Gambler said, you gotta know when to hold 'em and know when to fold 'em.
Hillary, it's time to fold. For the good of the country, for the good of the party.. she needs to stop moving the goalposts, because there's no way she can declare victory.
I love you Barack Obama! And michelle and the kids too 🙂
Hillary time's up....go home.
don't you think the 6.4 million would be better served if she donated it to charity or a worthy cause? There are many in this country that benefit more than a loan to herself...
Hillary "Huckabee" Clinton needs to quit.
HILL-A-REEEE HILL-A-RAAAW HILLAREEEE HILL A HA HA HA HA HA ha ha
Obama 08
Look on the bright side. If this gas tax relief goes through, she can loan herself another $30 bucks. Oh wait a minute, gas prices just went up to $4.25/gallon, there goes that plan.
Hillbilly -
I have $9,000 worth of debt from the lack of work because of this stupid war you voted for. Can you "loan" me some money???
What happened to all the African American votes for Hillary? and everyone else who fared so well in the nineties? I say, " how soon we forget". It's a shame that this has happened to Hillary.
According to Time magazine,George McGovern, who was supporting Clinton, has just announced he will now be supporting Obama and has called for her to drop out. What does that tell you?
It's OVER. Pack up your bags Hillary.
OBAMA 08
stupid woman. get the hell out of this before the Republicans claim victory...
I think Clinton needs to get out the race and look for V.P slot in order to unite Democraic Party.If you do the calculation for remaining of the states and give Mrs.Clinton 62% of all delegates and superdeligates,Obama still wins the nomination.So it will be a wise decision to drop out and let us work to bring a Democrate in the White House.
cnn you are not fair.....u have become worst than Fox....
u never talk about mcWar ........
Hillary is really out of touch.
She should recognize that it's over and start to support the Democratic Party to win the November 2008 Elections.
McGovern already deflected this morning to OBAMA and at least 2 dozens Superdelegates are expected to deflect to OBAMA.
It's really time for Hillary to step out with dignity and enjoy her life.
GOD Bless you all and GOD Bless America