January 31st, 2009
01:30 PM ET
7 years ago
Obama's leftover cash
WASHINGTON (CNN) - President Barack Obama ended last year with $15.5 million left over in his 2008 campaign war chest, according to a disclosure report filed Friday with the Federal Election Commission.
Obama could transfer the bulk of this amount to a re-election bid in 2012.
By comparison, former President George W. Bush had only $292,809 in his campaign account at the end of the 2000 campaign year. Former President Bill Clinton ended his successful 1992 bid with $2.7 million in the bank.
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Just roll it over to the 2012 campaign President Obama.
.
Or he could just keep it, and pay taxes later if he gets caught, like a lot of his buddies.
WOOOOOOOOOOOOOOW! That's more than McCain had in the first six months of his campaign.
give it to the needy and start over in 2012
He has a lot of supporters....
I hope he saves the money for 2012.
Why not use the extra 15.5 million dollars which is only 3% of the 700 million he spent to get elected to go towards buying food for the needy. Use the money towards building a nuclear power plant to help improve our energy situation. The point is, use it for the good of the people vs elections that are nothing but negative.
Mr. Yoon...you mentioned this money can be transferred to President's Obama for 2012. What does the law allow him to do with the rest of the .money? Just curious
Use it to pay part of the deficit down.
Obama should pay off Hillary Clinton's campaign debt! Her support (and the support of her followers) was vital to Obama winning the presidency.
Mr. President,
If you don't do what you said...namely help out the little people, no amount of money is going to get you re-elected. We need help NOW!
Hmm, would be nice to see him practice what he preaches, for once. I would be really impressed to see him put the money into something that actually benefits people, instead of just being greedy and putting into another war chest for 2012. Hope I am surprised, but I won't hold my breath.
For everyone saying this money should be donated to a charity or a good cause, I don't think politicians are allowed to donate cash received from contributions because it was received with the intent of campaign funds. It should be kept for the 1012 campaign.
You go Barack!!! Keep that money for 2012. I donated to your campaign because I believe in you and your campaign promises. In fact, this was the first time for ever. You have been doing an awesome job, and it is so nice to finally after 8 years to have an intelligent President and first lady in the White House. And, your daughters are adorable..
Ms. Dana, if they are democrat and affected by this mortgage crisis then they were going to vote for Obama. Not the first black president but the democrat who represents their party and their views. Or do you believe that the majority of people switch parties all because the candidate the want to win in primaries loose.
Obama is going to need it for 2012, with republicans trying to firm up with their new 'face man' he is going to need it! I dont want another Palin or Joe the Plummer coming out of anywhere.
Good to know one American isn't struggling durring these tough times.
That money was donated by people who wanted him to be elected to the office of President. He will run again in 2012. And I say, as one of millions who donated, keep it ready for the next campaign.
Shows how prudent he is with money. Good job Mr President. Just roll it over to 2012.
I would transfer the money to the 2012 Campaign. It would be nice to help Hillary clear her outstanding campaign debt, but that is strictly up to President Obama.
I agree that President Obama should pay off Secretary of State Clinton's campaign debt. After all, she was elemental to his victory.
See! Democrats do know how to balance a budget.
Give it back to the fools who gave it to you in the first place. Since they are all whining about needing money they might be sorry they gave it to you. Just wait until you up their taxes and take it from them in that form. ha. Fools.
Can he use it to help other people's campaigns?
And how much did Hillary have left over from her well managed campaign??? LOL LOL
You know she is DROOLING over that surplus!
He should use it to help the boost the economy, give it back to the people.....he said he was going to stimulate the economy, he gave 40 million for abortions in the US and around the world his first day in office.....maybe he's hopeing the young and stupid pregnant women will not have any more mouths for to feed. Is that boosting the economy? Put you $$$$ where your mouth is Mr. Pres.....use the $$$ that America gave you to get elected to help America!