Clinton Campaign In $20 Million Of Debt, Campaign Chair Says Clinton Could Lend More Money

The Washington Post reports on another grim news event for Hillary Clinton: confirmation that her campaign is $20 million in debt.

With her campaign falling ever deeper into debt, Sen. Hillary Rodham Clinton spent a rainy Mother's Day seeking votes ahead of Tuesday's primary here, turning a deaf ear to calls for her to leave a Democratic presidential contest she has little hope of winning.

Clinton aides continued to insist that she will remain in the race even while confirming that she is $20 million in debt. "The voters are going to decide this," senior adviser Howard Wolfson said on "Fox News Sunday," acknowledging the $20 million figure. "There is no reason for her not to continue this process." Wolfson said he has seen "no evidence of her interest" in pursuing the second-place spot on the Democratic ticket, contrary to rumors that she is staying in the race to leverage a bid for the vice presidential nomination.

Campaign Chair Terry McAuliffe suggested Clinton might lend her campaign more money:

Terry McAuliffe, the Clinton campaign chairman, told Tim Russert on "Meet the Press" that he spoke to Clinton about the possibility of contributing more money and "she said that she would be willing to do it." However, McAuliffe insists, "We haven't needed it."

Comments

[RRonin]

Before Super Tuesday the Clinton campaign threw around money like a shipload of drunken sailors. Why should Obama pay for her minion's profligate spending and the ridiculous overpriced fees of that animated pile of dirty underwear we call Mark Penn? Lie down with dogs, don't complain if you find yourself fleabit!

[freashair]

After the Pennsylvania Primary, The Clinton People went on Television and BRAGGED about how they had raised Ten Million Dollars within twenty four hours. The Saturday Night Live satire this past weekend hit the ball out of the park, in their discription of Hillary Clinton and her supporters. I'm now retired, but twenty five years ago I worked in a state mental institution, and we had patients on a daily basis say to us that they were going to go home tomorrow. They were clearly seeing something that the staff could not and there for continued to be medicated for their dillusion. Hillary's need to continue forward as well as her staff's relentless PR spin to the Press and the American People reminded me of my former patients at the Pennsylvania State Mental Institution ( Byberry ) in Philadelphia PA. Will someone please post the dollar amounts that was raised in April, by Hillary and the Obama camps?

[ipitombi]

Hillary must have graduated from the William Bennett School of Economics - where they teach you how to gamble away the family's milk money.
-- Way to go Hillary !!!. If you ever become president, George W Bush will be considered not so less accomplished in financial wastefulness.

[admchriss]

With about $20 million in debt as well as some $11 million in loans (she definitely plans on contributors paying her back) means she really is about $31 million in debt.

While Yakov Smirnoff is known for saying, "What a country!" I say:

What a campaign!

[ReportThis]

Memo. to Hillary: When the majority of people don't vote for you, or endorse you, or contribute to your campaign, it means they don't want you to be President. Drop out, already. And get ready to vacate your New York seat, because that's the next thing you'll lose.

[DesertLight]

Don't know if you noticed this or not. But, there has been a clear absence of those that were/are sticking up for Hillary in here. A month ago, they were everywhere. Now, who knows?

[XRayD]

EVEN the appearance of bailing Billary out of any debt would be a CAVE IN by Senator Obama to the most "special interest" in this country right now - the Clintons!

If Sen. Obama is the man of character and truth in politics he claims to be, he will have nothing to do with any such sordid deal. It shows that he can be bought!

No excuse will suffice to justify such a deal - unity of the party to defeat the Republicans, gain strategic advantage in an electoral state etc. He would do it simply to appease supposedly HER female, and non-college educated white voters who make less than $50,000 a year. It would be worse for him than offering her the vice-presidency. There is no other way to spin it.

[dajay]

We all know that Obama is not giving Hillary any money to pay off her debts. So please stop the nonsense.

Note to Obama supporters: Not everyone is a moron, and will fall for the HP Post Obama propaganda.

Nice try, bozos.

[e2008usa]

It's unbelievable... Just because She is a woman - She has gotten such attention. Well, I know better women. IF SHE MANAGE THE NATIONS ECONOMY AS SHE MANAGE HER CAMPAIGN ..oh my God!

$22 million debt... and She still loan and run the Flag of a LOOSER and She still has fellows like her..

That money could be used to pay down what she owes others, but She will continue as long She can distract other loosers.... It's crazy. $11.4 million or more she loaned herself for to have FUN. Woaw,

I hope She doesn't loan från YOUR TAX returns.... Can you trust HILLARY... then you can still run?

[theLeftPaw]

Hey Wolfson, there are PLENTY of reasons for Hillary not to continue - but the one fact that the math DOES NOT ADD UP to a chance of making it, is the only one any sensible person needs. I can't understand why she goes on so. IF she actually got the entire DNC to turn on the pledged delegates (and essentially the public) to get the nomination, she would certainly lose the respect (and probably vote) of many, many Democrats nationwide. There are soooo many theories as to why she continues, but I seriously doubt that the idea of vying for Vice - she clearly isn't in this to place second. I toyed with the idea of her wanting to get McBush elected so she could take 2012, or beating-up Obama in order to convince the Supers that she has elect-ability - but I no longer think these are the case either. She can't possibly be stupid enough to believe she can still get the nomination, not with over 20 Supers pledging for Obama compared to her TWO over the last week. And I don't think she is going to fund her own campaign again either, since she must know that the only ethical and logical way to do that is to put $25 million or more into it.

I've finally come to the conclusion that she is trying to get her supporters to flip for her $20 million bill - plain and simple. What else could it possibly be?

[mellene]

I guess she's willing to loose everything to either try and win this time or in 2012 after she's smeared Obama so badly that the dems can't recover from all of her racial slurs.

[hydenorhare]

There's no controlling legal authority.

[DesertLight]

Appears that AnnInCA., has gone stealth of late.

[julescator]

I would like a Hillary supporter to explain to me how Hillary could possibly run the national budget when she has shown she can't run her campaign's budget. If her campaign were the national budget she would have added to the national debt. She is starting to look at lot like George Bush. She talks a good game but her campaing shows otherwise.

[DWX]

Under campaign regulation, I thought candidates can only lend themselves up to 25% of their personal assets. That’s means Hillary has only $7M more to go before her campaign is busted.

[DesertLight]

I trust this notion is not an attempt to curry and sympathy. Is it?

[maxrebel]

Back in Ohio or Texas (I think), Hillary had a joke about being hip deep in
manure. All that manure was proof a elephant was around and it is left to
Hillary and a full length mirror to discover the elephant in the room.