August 22nd, 2008
06:18 AM ET
11 years ago

Disclosure reports show Clinton still deeply in debt

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Clinton is still carrying a sizeable campaign debt.

Clinton is still carrying a sizeable campaign debt.

(CNN) - Well over two months have passed since Hillary Clinton formally abandoned her White House bid, but newly-released Federal Election Commission reports show the New York senator has made little headway in paying off her sizeable campaign debt.

According to an FEC report filed Wednesday, Clinton's debt as of the end of July stood at just under $24 million - a decrease of only $1.2 million since the end of June. More than $13 million of that total is owed to the New York senator herself, while close to $11 million is owed to individual vendors. Clinton has suggested she is not seeking to pay back the money she owes herself.

The report also shows Clinton was only able to raise $2 million in the month of July - down from close to $3 million in June. By comparison, Barack Obama raised over $50 million for his White House bid in the same time period.

The report comes as some high-profile Clinton backers have expressed disappointment Obama has not made more of an effort to help his onetime rival retire her campaign debt.

“He has provided her with a pittance compared to what the Clintons have given Obama,” prominent Clinton backer Lynn Forrester told the Times of London. “Her debt could have been cleared within 10 days. It’s ungracious.”

Obama and Clinton have appeared at a handful of joint fundraising events, and the presumptive Democratic presidential nominee has publicly urged his supporters to donate to his former primary season rival - though at a joint appearance with Clinton at a July fundraiser, the Illinois senator forgot to call on his backers to contribute to her. (He later went back on stage to correct himself.)

According to Clinton's disclosure forms filed Thursday, she owes the most ($5.2 million) to her former top advisor Mark Penn's polling/political consulting firm, Penn, Schoen and Berland Associates.

soundoff (568 Responses)
  1. Ger

    Obama would be a fool not to have Hillary as his V.P.
    That is the only way he can be sure of winning
    So, when his announcement is made , then we will know the outcome . It will be Hillary for V.P. or no Obama for President

    August 22, 2008 10:04 am at 10:04 am |
  2. Rose

    Hillary, Never give up, keep fighting!! You may make it after all!! I am conservative and believe deeply that you got a ROTTEN deal from your own party.

    August 22, 2008 10:05 am at 10:05 am |
  3. Independent-Latina-for-OBAMA

    The SCARY thing is that this was a CAMPAIGN! AND SHE MISMANAGED IT! HOW CAN SHE MANAGE A COUNTRY????

    EXPERIENCE IS WHAT BUSH/CHENEY/MCCAIN 'HAVE' AND LOOK AT WHAT EIGHT YEARS OF A GOP PRESIDENT GOT US (AND THE GOP CONTROLLED CONGRESS 1994-2996)!

    $10 TRILLION IN NATIONAL DEBT...... DOUBLED IN 8 YEARS!
    WHO WILL PAY FOR IT? WE ...........WILL!

    THEY HAVE LIED, TORTURED BY IGNORING THE GENEVA CONVENTION THAT THE USA AUTHORED SO THAT SOLDIERS WOULD BE TREATED HUMANELY!

    THEY HAVE TRASHED OUR CIVIL LIBERTIES, BY SPYING ON OUR CITIZENS WITHOUT HAVING TO PROVE REASON!

    THEY ARE SPENDING $1.38 .......BILLION........A.......DAY.......IN IRAQ!

    WHILE OUR HARD WORKING AMERICANS STRUGGLE TO MAKE ENDS MEET........ WHILE THE WEALTHY 1% OF OUR NATION GETS A NICE TAX BREAK (WHICH WE LOVE OF COURSE!) !

    OUR NATION IS IN TROUBLE, WE NEED TO CHANGE ITS COURSE BEFORE IT IS TOO LATE!

    AND......... FACT CHECK: MCCAIN HAS IT WRONG OUR ECONOMY IS NOT STRONG AND HAS WEAKENED DURING THE BUSH/CHENEY/GOP YEARS.......... DON'T BELIEVE ME? GOOGLE THE NUMBERS!

    THE USA IS FOURTH IN EXPORTS! LOOK UP HOW WE ARE DOING COMPARED TO THE REST OF THE WORLD IN EDUCATING OUR CHILDREN! ITS PATHETIC!

    A VOTE FOR MCCAIN IS A VOTE FOR MORE OF THE SAME!

    August 22, 2008 10:05 am at 10:05 am |
  4. Erika, KS

    You know what people? She had every right to continue her campaign. Your wonder boy Obama wasn't blowing her away. It was very close. She could have and should have been the nominee. Obama didn't win "fair and square" as I read so often on this blog. He had it handed to him on a silver platter by the back stabbing incompetence of the DNC, Dean, Reid, Pelosi and others. Is was sexism. Nancy couldn't stand the thought of no being top female. The others are men who have always been intimidated by intelligent women. The DNC chose to have a junior senator (how asinine is that?) to lead the democrats. It's just stupid. They deserve to lose. The American people don't.

    August 22, 2008 10:05 am at 10:05 am |
  5. Carolyn

    To bad so sad...that's what greed does. She knew she had no chance at winning the primaries but remain in. "If you make your bed hard then you have to lie in it"

    August 22, 2008 10:05 am at 10:05 am |
  6. Missouri Mule

    Why should Obama supporters be expected to clear her debt when they never supported her decisions to create that debt to begin with?

    And why don't the rabid Clinton supporters who say they will vote for McCain go complain about HIS supporters not helping. After all, they want Obama to buy their votes. Maybe they should ask McCain.

    I'm so tired of their ridiculous whining and blaming.

    August 22, 2008 10:05 am at 10:05 am |
  7. beclear

    Yes, really–where are all the shrieking minions (male and female) screaming about their undying devotion? Ante up! Why should Obama and his supporters bail her out when she chose to spend her own money on what was already clearly a losing bid, and as she tried to take him down? Obama was almost painfully gracious to her. Alas, one cannot say the same of Clinton's comportment throughout the campaign.

    And Deborah: Obama did no "Hate baiting," whatever that means. People need to think: it is self-defeating for Obama to "play the race card," as it invites the majority's racial fears and works against him. Sheesh.

    August 22, 2008 10:06 am at 10:06 am |
  8. Deborah Williams

    Get a grip Hillary supporters. Obama doesn't need Hillary. Hillary knew in March that it was over. She kept on trying to ignore the math. She ignored the delegate math and her campaign finance math. Now she and her supporters want to take the attention off of Obama at the convention. Obama doesn't own Hillary a thing.

    August 22, 2008 10:06 am at 10:06 am |
  9. S. Boatman

    Obama Has Picked A Running Mate And Its Not Hillary Clinton. . . She Got A Call At 3 Am To Get The News!

    August 22, 2008 10:06 am at 10:06 am |
  10. Betty Mack,

    I stil say there is a chance she could pull this out. As a faithful volunteers, we have decided that we will support McCain if Hillary doesn't get the nomination. In addition, most of us have been democrats all our lives but after the way the party has done her, we have rethought our position than since it seems the party has been hijacked by blacks and far left wingers.

    August 22, 2008 10:07 am at 10:07 am |
  11. Chris11

    August 22nd, 2008 7:07 am ET
    Your comment is awaiting moderation.
    Well, I've continued to give what I could just like during the primary. I thought everyone else was doing the same! This could seriously discourage any future presidential plans… America it is time to step up to the plate!

    August 22, 2008 10:07 am at 10:07 am |
  12. Susan

    We wish you would be the President. We hope Obama picks you so he can be the President. You two together can win big!!!!

    August 22, 2008 10:07 am at 10:07 am |
  13. Tammy - KCMO

    “He has provided her with a pittance compared to what the Clintons have given Obama,” prominent Clinton backer Lynn Forrester told the Times of London. “Her debt could have been cleared within 10 days. It’s ungracious.”

    I would like to know just what the Clintons have given Obama? I don't all her supporters (Forrester included) helping Obama and the DNC. I don't see Bill Clinton supporting Obama. He still can't bring himself to say that Obama could make a good president. I don't see Hillary trying to get her supporters (PUMA, etc) to unite and back the presumed nominee. I continue to see whining and complaining from her supporters.

    Unless we see this change you can expect that Obama's supporters won't want her to get the VP spot and we won't be willing to help pay down her debt.

    As for Mark Penn – I don't think any Democrat for or against Clinton feels he deserves what he he wants to be paid. Bad choice by the Clintons to use him and one they are continuing to pay for.

    August 22, 2008 10:07 am at 10:07 am |
  14. Emerald

    I love the Dems would say they will vote Repub. Either they are 1)Repubs possing as Dems, 2) Dems who are Dems if the candidate is 'white only.' or 3) Dems who werent' really Dems to begin with.
    Not being ageist by any means, but a 70 yr old with obvious cancer as the face of America ,when Baby Boomers are retiring and we've just entered a new century, McCain is not the image of America I want the rest of the world to view as 'stable' 'forward moving and thinking' and 'of the future.'

    August 22, 2008 10:07 am at 10:07 am |
  15. The Truth

    Funny, Barack is expected to pay Hillary's debt which is essentially paying for the negative campaign ads she ran against him. Negative tactics that the Republicans are now copying from Hillary.

    No thanks, Hillary's got the money to pay she just won't. How did her supporters expect Hillary to help our economy when she can't even run a campaign with fiscal responsibility? She continued to campaign, digging herself further in debt, when it was mathematically impossible for her to win. Whose fault is that. That stuborness only caused the party (and her pocket book) harm.

    August 22, 2008 10:07 am at 10:07 am |
  16. OhioBama

    Time to move on.

    August 22, 2008 10:07 am at 10:07 am |
  17. Turnabout is Fair Play

    Jano1234 August 22nd, 2008 9:14 am ET

    … and this is why we Hillary supporters should back Obama? He has done nothing to help her. He needs her; she does NOT need him. McCain 08, Hillary 2012
    --------------------------------

    She should support him because he WON and if she's really a democrat, that's what the loser does for the winner to keep Republicans out of office. She hasn't done anything to really help him, and you can stop with the "He needs her" crap. That's a lie and his 18.5 million supporters can attest to that. He does NOT need her; crossover Republicans who have come to their senses and a LOT of independents will take care of the few Hillary idiots who don't want to vote for him.
    As far as "McCain 08, Hillary 2012? Yeah, you just keep deluding yourself with THAT bull...if Obama loses, Hillary will NOT make it out of the primaries in 2012 because we Obama supporters will do to her what you want to do to Obama now. Narrowminded fool.

    August 22, 2008 10:08 am at 10:08 am |
  18. kay

    To the Obama supporters,
    He's likable enough but not ready for prime time.
    He went back on his word to help her but was more than willing to take from her supporters.

    August 22, 2008 10:08 am at 10:08 am |
  19. ATLian

    Obama stopped being a viable candidate once we all learned about his 20 year mentorship with Rev. Wright.>>

    We learned about Wright a LONG time ago and Barack STILL won the nomination. Give it a rest. Send Hilary some money!

    August 22, 2008 10:08 am at 10:08 am |
  20. Maggie

    Perhaps because most of Hillary's 18 million supporters already donated the maximum amount, they cannot legally donate any more this year. In addition, as 'bots pointed out repeatedly, her supporters are mostly poor and cannot afford to send more money...or did you forget that already? Not surprised if you did because most of the 'bots are young people who forget things about 5 minutes after they happen!

    August 22, 2008 10:08 am at 10:08 am |
  21. SG Baker

    Yep, and to think this Clintonista and her swashbuckling husband stayed married so she could squander that unreasonable amount of $'s and still rake in over $110,000,000.00 over the past 8 years. Yep, we all need to get on our knees and ask her highness for help in our energy and food bills. Thank God we did not adopt her "Free medical care for all" ploy.

    August 22, 2008 10:08 am at 10:08 am |
  22. What?

    Hillary 2012.........will NOT happen (next Democrat nominee), thanks to her supporters who sabotaged Obama's WIN in November.

    For those of you who continue to follow this kind of thinking......I hope the you remember you are the reason you and millions others will suffer with the same negative things that will continue with jobs, healthcare, WAR(S), foreclosure of homes and this SORRY ECONOMY that will continue to follow with McBUSH 3rd term, will be affected as us, who struggle day after day waiting for the Bush administration to CARE about us who don't make 5+ million a year to be, and I quote from McBush, "Rich".

    So for us want CHANGE, don't feel alone because if we suffer, they forget their vote for McBush will also make them suffer TOO!.

    So WELCOME to our WORLD, WELCOME.

    Obama 08......................WE NEED A CHANGE!

    August 22, 2008 10:09 am at 10:09 am |
  23. IA Voter

    With all the hate spewing from Hillary supporters (as well as Obama or McCain voters in disguise), party unity is not going to happen. Vote true to your hearts people. Just remember lurking out there is a world that despises the US and China which owns our insurmountable debt. I'm ashamed to tell my kids that their children & grandchildren will be paying for our stupid ways. We need change NOW.

    Obama – '08

    August 22, 2008 10:09 am at 10:09 am |
  24. DMD, New York

    Any truth to this:

    A motion was made in Philadelphia Federal Court on 8/21/08 seeking an emergency temporary restraining order prohibiting Obama from running for president, and enjoining the DNC from nominating Obama as the Democratic presidential candidate.

    I've seen it on several websites.

    August 22, 2008 10:09 am at 10:09 am |
  25. Diana Ewing NJ

    I am related to many Hillary supporters who can't get over she did not win the primary... but NONE of them gave a dime before or after to her campaign...

    One of my last uncles left in my family, stated without even thinking that Barack won because he was a N.... and the blacks were voting and not knowing what they were voting for..

    They hold close to their hearts that Hillary will over turn things at the convention..

    Not one of them realize... that they are helping McCain... they have children, grandchildren who will be in these endless wars McCain will keep going..

    I will continue to work for Barack and continue that the American people will connect brain matter to their mouths and votes.

    August 22, 2008 10:09 am at 10:09 am |
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