May 7th, 2008
10:20 AM ET
12 years ago

Clinton loans herself $6.4 million

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[cnn-photo-caption image= 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)

Filed under: Hillary Clinton
soundoff (697 Responses)
  1. Birdman

    Put a fork in her. She's done!

    May 7, 2008 09:50 am at 9:50 am |
  2. Marshall in Nebraska

    Now she is begging for money. I she needs is the sign...Will Govern for Food. I am sure that all the people who have lost their jobs because of NAFTA will let her use theirs.

    May 7, 2008 09:50 am at 9:50 am |
  3. Eva, VA

    Obama should donate some of his money to her campaign. He will look like the gentleman he always is, win over some of her supporters, yet make NO difference to his nomination. Hee hee hee.

    OBAMA 08! Woooh Hoooo!

    May 7, 2008 09:50 am at 9:50 am |
  4. David in Chicago

    I hear the fat lady preparing to sing.... let's hope this skinny _____ can sing along with her!

    May 7, 2008 09:50 am at 9:50 am |
  5. andrew s. rostolder

    omg, she won't go away. i will supply the mirror and the garlic. my neighbor will supply the wooden stake and the cross

    May 7, 2008 09:50 am at 9:50 am |
  6. Libertad

    Hillary truly is a fighter with a whole lot of heart. My hat's off to her. Let's hope last night's results mean we're finished with the negativity from Obama and Clinton, and we're ready to take on McCain as a united party. THE STAKES ARE TOO HIGH!!!! We can't survive another four years of the Republicans!

    May 7, 2008 09:50 am at 9:50 am |
  7. Kel in Auburn, AL

    Wow. She is slipping, folks. She keeps loaning her campaign money and can't even pay off vendors. This woman does NOT need to be in control of the US economy!

    May 7, 2008 09:50 am at 9:50 am |
  8. David

    I'm a true Obama supporter and I hope Hillary is on the TICKET. Obama/Clinton 08 &12. The only way for real change, she has earned her way in this party.


    May 7, 2008 09:50 am at 9:50 am |
  9. vic nashville,Tn

    Why Obama can’t close the deal ?
    Obama spent 4-to -1 in Indiana
    Last weekend he was campaign with family in Indiana
    He work hard
    He know he can win in North Carolina he won big margin that was expected
    But he said Indiana is tie breaker then why he didn’t win Indiana
    Some thing wrong some ware

    May 7, 2008 09:50 am at 9:50 am |
  10. scott lymann

    Obama is what is not healthy for the party, if he takes the nomination then McCain is president, it is that simple. Where Hillary won they will not vote for Obama, that is clear enough.

    Change, Hope, Change Hope and all you Obamafanatics buy into it, I don't.

    May 7, 2008 09:50 am at 9:50 am |
  11. NotThisTime

    Hey Hill!!! Turn out the lights ... the party's over!!!

    May 7, 2008 09:50 am at 9:50 am |
  12. Steve-Jacksonville, Florida

    To quote a few lines from some old tunes:

    "–turn out the lights, the party's over"

    "Money can't buy me love"

    Now Hillary, Bill, and James Carville can apply for those jobs at Fox Network.

    May 7, 2008 09:50 am at 9:50 am |
  13. Ex-Hillary supporter

    Tacky, tacky, begging for funds the way she did last night at the start of her post primary speech.

    May 7, 2008 09:51 am at 9:51 am |
  14. anna

    Democrats dont get divide, its clear that Obama going to get the nomination, now, please unite and see that democrats win the white house, not mcbush. We cant afford war for 100 years.

    May 7, 2008 09:51 am at 9:51 am |
  15. Jimmy Husain

    Let me ask you folks this; in an NFL game when the score is 50 to 7 and 30 seconds are left, why do they still go through the snaps? Simple, its not over till the clock reads 00:00. You can't win until you compete, so let Hillary compete until she can no longer compete wheteher because she runs out of her money, or its time for the Democratic National Convention.

    'Its not the size of the Dog in the fight, its the size of the fight in the Dog'.

    May 7, 2008 09:51 am at 9:51 am |
  16. no more Hill-Billys

    give it up you disgraceful lady.
    if you really cared for the poor as you are telling the media, you would give your stash away.
    stop your lieing.
    go away.
    go to your kitchen and see how hot it really gets in there.

    President Obama

    May 7, 2008 09:51 am at 9:51 am |
  17. Obama 2008

    Will you give your money to a candidate who can not even manage her campaign efficiently?

    She is married to a slick willie who can talk poor old women and rural folks into voting for her, but money? No. They don't think they can trust her with their money!

    She will keep punching with torn gloves till she goes broke. We shall never surrender?

    There is no shame in an honorable defeat..........and no glory in a dishonorable victory.

    May 7, 2008 09:51 am at 9:51 am |
  18. Law for BO

    $6.4million?This is a shame.Why didn't you just ask Obama to teach how to raise money?

    May 7, 2008 09:51 am at 9:51 am |
  19. JP Peterson Atlanta

    91% NC, 92% IN, those are Obamas African American support percentages. Wake up and smell the racism. He's neither done or said anything to earn this, he's black so he gets the votes.

    If Obama is the nominee, get ready to hear on every media outlet come November, "This morning, President-Elect McCain..."

    I making another contribution to Clinton today.

    May 7, 2008 09:51 am at 9:51 am |
  20. jw, canadian,ok

    Go Hillary – it's your money (and some of mine), it's legal – so whatzi problem?

    May 7, 2008 09:51 am at 9:51 am |
  21. Lorna, NY

    it is time for Hillary to end this...Let's move on to support Barak in his presidency bid.

    May 7, 2008 09:52 am at 9:52 am |
  22. M.S. Indiana

    Wow thought her voters stood behind her..... So what happened to the 10 millions you got in one day HC ???

    Could the vendors and creditors stop her from abusing the peoples money ???? Some one please give her some advisor's, on how to run the economy.. And she is going to run America, give me a break...

    Is she trying to buy herself to the nomination ???

    May 7, 2008 09:52 am at 9:52 am |
  23. Obama is the man

    Why anyone (even herself) would continue to fund her campaign at this point is beyond me. It's like throwing away money. It's stupid and makes no sense whatsoever.

    Hillary, you're done. do this country (and the democratic party) a favor and graciously concede that you are not going to win this. just end it for everyone's sake.

    May 7, 2008 09:52 am at 9:52 am |
  24. Marc in DeKalb, IL

    Hopefully she'll pay her debts, once she either drops out... or, more likely, is forced out...

    May 7, 2008 09:52 am at 9:52 am |
  25. Belle - NoVA

    Will you loan me money so I can buy some gas? I know how much you care! LOL !

    May 7, 2008 09:52 am at 9:52 am |
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