June 24th, 2008
09:29 AM ET
15 years ago

Clinton wants help with campaign debt

[cnn-photo-caption image= http://i.cdn.turner.com/cnn/2008/images/06/23/art.clintondebt.cnn.jpg caption="Clinton is appealing for help in paying of her debt in a new Web video."]

(CNN) - Her presidential bid may have ended two weeks ago, but Hillary Clinton is still on the hunt for campaign cash.

The New York Democrat is well over $20 million in debt, nearly half of which Clinton loaned herself personally earlier in the year when her campaign was virtually broke and faced life-or-death primary contests.

Watch: What went wrong for Clinton?

When it comes to recovering her personal loan, it's a race against the clock.

Under campaign finance laws spearhead by current presumptive Republican nominee John McCain, Clinton must pay herself back before the party's convention in late August, or else she is only allowed to receive $250,000.

Earlier: Clinton postpones debt repayment

In an e-mail to supporters earlier Monday afternoon, Clinton says she "has something I want to say," and directs readers to a Web video in which she says "Today, I still need your help."

Text next the video reads: “By helping us pay off our campaign debt, you’re not just helping Hillary elect a Democratic president and grow our majority in Congress. You’re making it possible for her to work as hard as she can on the issues we care about.”

Clinton also continued to praise onetime rival Barack Obama, saying she knows the Illinois senator shares the same goals as she.

The Obama campaign is reportedly open to helping Clinton raise money to pay off her lingering campaign debt, though no agreement has been announced yet. Under campaign finance laws, the Obama campaign is not allowed to retire Clinton's debt directly. (Cafferty: Should Obama help Clinton pay off her debt?)

soundoff (309 Responses)
  1. Gerry M

    I think that Senator Obama will help Senator Clinton retire her campaign debt as a way to soften the blow of her loosing the primary and to enlist the help of the Clinton supporters that he will need in November. Senator Obama seems to have hit upon a means of generating considerable amounts of campaign cash. I think he will share some of it with Senator Clinton and thereby heal the Democratic Party in preparation for the November winner take all Electoral College election.

    June 23, 2008 09:21 pm at 9:21 pm |
  2. oil rules

    If she OWES that much, I guess a lot of ad agencies and TV stations are going to get left holding the bag, so to speak. And if Nobama's camp can not help 'directly', does that mean there is some back door way to help circumventing the intent of the rule? Sounds typical to me, I thought she said he was unqualified anyway, why is she backing him now? She lied before or she is lying now, you make the choice.

    June 23, 2008 09:21 pm at 9:21 pm |
  3. Bill

    HaHaaaaa.... Was'nt she buring money in Soth Dakota, Montana and Puerto Riko?

    June 23, 2008 09:21 pm at 9:21 pm |
  4. Sam

    She thought she could just BUY the Presidency....wow was she wrong. Now it's pleeeeez, Mr. Obama. buy me off.

    What a pair of losers.

    June 23, 2008 09:22 pm at 9:22 pm |
  5. Kathi G.

    her supporters would have no problem helping to pay it off, if it didn't benefit obama.

    June 23, 2008 09:22 pm at 9:22 pm |
  6. Bob

    It's just more of the same with her...will not listen to anybody, just does what she wants even when there is no hope. She does the same in office...no matter what the people say she does it HER way, after all...SHE KNOWS WHAT'S GOOD FOR YOU BETTER THAN YOU DO, RIGHT? Obviously she didn't learn a lesson from her so-called failed "health plan". It was such a mess it didn't even get off the ground but she wouldn't admit she was done there either! She needs to go away for good...her AND Bill, lying, thieving SOB's, BOTH of them.

    June 23, 2008 09:22 pm at 9:22 pm |
  7. Becky

    I'm glad she's backing Barack Obama. But I have to mention that her not being able to run a successful campaign financially is another reason by Hillary is not the nominee, when the #1 issue in the general election is the economy right now. And McCain recently said that he knows nothing about economics!?!?!

    However, if Hillary was the nominee I'd be voting for her in November because there's *no way* I'd vote for McCain! Are you kidding me?? He wants to continue to give the rich and big corporations tax breaks. And yet the republicans are afraid of being taxed more. Well, have the republicans say they'll stop giving tax breaks to the rich, then. That'd be a start.

    June 23, 2008 09:22 pm at 9:22 pm |
  8. Truth B Told

    People in Ohio are on food lines and Mrs. Clinton needs help??? LOL What a joke!!! The Clinton's still have 80 MILLION in the bank!!! Hey Bill time to bring home the Beacon AGAIN!!!! Welcome to the Big Leagues Mrs. Clinton! This is a small taste of what THE PEOPLE go thru every day in this country! You will be ok GOOD LUCK

    June 23, 2008 09:23 pm at 9:23 pm |
  9. Becky

    The first comment reads "obama had better figure out a way to pay it." What a brat! Hillary got herself into her own debt, and *if* Obama helps her she should be thankful!!!

    June 23, 2008 09:24 pm at 9:24 pm |
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