Hillary Clinton's FEC Report: Campaign In The Red

On the eve of a big contest in Pennsylvania, the Clinton campaign finds itself losing the money race.

Financial reports released to the Federal Election Commission around midnight this morning show that Clinton raised around $20 million in March and had roughly $8 million available at the beginning of April for use during the primary.

But the campaign also reported debts of $10.3 million, which makes it in the red leading into contests in Indiana and North Carolina.

Read the whole story here.

Comments

[klondiker]

After all the trouble that Mark Penn has caused, the least he can do is forgive the debt.

[goodsnservices]

Hillary in the red and Obama in the bank. Now that's poetic justice.

Hillary vendors, a piece of advice: Don't take any wooden nickels!

lol!

[RThM]

Hillary Clinton has lost the primary nomination. She won't admit it but her financial backers certainly have.

[DesertLight]

You might be right. However, just consider the fact that she might be sabotaging Obama chances of winning this election so she can run again in 2012, while clinging to a thread of a hope for this nomination.

[barackaide]

it is hardly an original thought. many have been saying that for quite a long time. the fact that she is even still in the race when, if the roles had been reversed, Obama would have been forced out after super tuesday with such a deficit. the only thing she is doing now is serving herself. nothing about her has changed.

[RThM]

You also have to consider the fact that Bill Clinton has been collecting curiously huge fees for his silly speeches these last seven years. Do you really think his sponsors weren't opperating under the assumption that his wife wouldn't try to be king? The spouse of a mere senator, even if from New York, doesn't command as much mone... I mean... respect. And part of Hillary's success with the decaying party hierachy is that Bill is also a tireless fundraiser for other Democrats. Where do you think her initial count of party-insider superdelegates came from? Not making it into the DNC as a powerbroker would cast a huge pall over Clinton, Inc.'s future stock value.

[mrJJ]

Bill Clinton old campaign still owes -$319,630 !!!

http://herndon1.sdrdc.com/cgi-bin/cancomsrs/?_08+P20000642

Sen Hillary Clinton:

The campaign's biggest debt remains to be the $5,000,000 loaned to the campaign by Senator Clinton

The campaign, to date, owes Senator Clinton $10,879.89 in interest on the $5,000,000 loan (at a rate of 1.26%)

The Campaign's second largest debt is to Penn, Schoen & Berland Assoc. LLC
Amount: $4,577,820.61

Harold Ickes firm, Catalist, LLC, is owed $240,000. The firm provided no billable services nor did it receive payments during the month of March 08.

Top to-date Press Reimbursement comes from CBS News for a total of $112,016.27 on behalf of Fernando Suarez. Fox News' Aaron Burns is second with $107,173.41 and ABC's Eloise Harper is third with $98,948.05

Total Salaries paid: $1,589,226

Patricia Solis Doyle got paid $11,687 in March 08

Total Employee Benefits paid: $489,980.64
(Paid to Aetna Healthcare, and CareFirst BlueCross BlueShield)

$138,182 in advertising with Google. $2054 with Microsoft!

Phone Banking: $1,921,124
Mail Expense: $1,588,837
Polling: $1,348,000
Media: $885,434

New York Post subscription: $40.8
New York Times subscription: $25.6

Travel: $5,102,905

Debt too vendors
http://query.nictusa.com/pres/2008/M3/C00431569/D_DEBTS_C00431569.html

thanks to lizardbox for the preliminary breakdown

[Yansher]

LOL $109 mil later Mr Clinton still owes money?

[Fighter4USA]

THIS, IS FRIGHTNING dor America!
Much has been already discussed about Barack Obama"s disturbing associations with a domestic terrorist (Ayers), to a prominent Palestinian advocate of suicide bombings (Khalidi), a corrupt Iraqi billionaire (Auchi), a sleazy personal fundraiser and mafioso (Rezko), and to his own genocidal maniac of a cousin from Kenya (Odinga), for whom Obama led a "positive" campaign effort to achieve his "election" a few years back. As many of us know, Obama"s camp has recently taken a defensive stance and have dedicated countless hours to spread the word around the internet that these issues are "irrelevant" to a Presidential campaign and that bringing them up are thus a full exemplification of "dirty politics".

[goodsnservices]

"Blah, blah blah!" Sore looser!

lol!

[Truthfighter1]

The Honorable Gov Rendell endorses Louis Farrakhan - The magic of YouTube

http://www.youtube.com/watch?v=DXum_-8I1TA

[SmellTheHorse]

Hillary's donors--large and small--might want to ask themselves why she's only loaned a measly $5 million (out of a $100 million+ personal fortune) to her campaign.
If she truly thought she could win, wouldn't she spend whatever it takes?
The answer is that she's only in this, at this point, to damage Obama enough so she can run against McCain in 2012. So she's going to save the rest of that $100 million for a real campaign, not the vanity campaign she's running (on fumes) now...

If I were a Hillary supporter, I'd hesitate to give another nickel to someone who's just using my money to damage the Democratic nominee.
(and note: she didn't "give" her campaign $ 5 million; she "loaned" it--which means she's going to be paid back, unlike her supporters.)

[Fabienne]

The Clintons have made $109 million since Bill left the White House. This doesn't mean they HAVE $109 million.

[Ork]

She doesn't have the courage to put her money where her mouth is.. atleast Romney got his money talking, and had the courage and wisdom to know when to quit.. she is all bull, all the time, at the public's expense..

[karaplanet]

A supporter in NY has organized a 'million dollar minute' for 1:00pmEST today. You can donate early, and be counted toward the total. It organizes the numbers, but utilizes and sends you to Obama's site to donate.

http://www.anobamaminute.com/

[goodsnservices]

What a copycat!

Lol. Not.gonna.work. Old ladies don't use the internet! lol

[Pammy1151]

Where are all the Hillary trolls today? Hmmm hiding out somewhere???? Strange that they are not on here making excuses for her.

[karaplanet]

They must have gotten tired of checking their mailboxes. Sigh. Stiffed again.

[DesertLight]

If I were a Hillary supporter and I had to pick my hill to die on, I would go look for another Hill instead of this article (no puns intended).

[jus200008]

The fact that she is already in the red is THE reason why she needs a big win in PEN (more than 10 points).

She does not have to drop out if she doesn't win big there, it is not her moral obligation, and she doesn't have to drop for the good of the party.

But if she doesn't win big, you will see donations to her campaign run dry. An article from the NY Times says that many of her donors are already max out and getting very pessimistic about donating to a loosing campaign. A close contest in PEN for Obama will finish the job.

Any donations to Clinton after a close finish in PEN will go to pay off her campaign's debts, and the loan she gave herself.

I don't know about you, but I wouldn't donate to any candidate, no matter who they are, no matter how I like them, under these circumstances. I'll pay my own debt before I pay theirs. And I certainly won't pay a loan a candidate made to his or her campaign when I know that this candidate is worth $109 million.

[Fighter4USA]

Its more like Obama is buying his nomination, overspending Hillary 3 to 1. sad,sad,sad, Not thinking about a candidate's character and qualifications anymore:
..............................................................................................
Much has been already discussed about Barack Obama"s disturbing associations with a domestic terrorist (Ayers), to a prominent Palestinian advocate of suicide bombings (Khalidi), a corrupt Iraqi billionaire (Auchi), a sleazy personal fundraiser and mafioso (Rezko), and to his own genocidal maniac of a cousin from Kenya (Odinga), for whom Obama led a "positive" campaign effort to achieve his "election" a few years back. As many of us know, Obama"s camp has recently taken a defensive stance and have dedicated countless hours to spread the word around the internet that these issues are "irrelevant" to a Presidential campaign and that bringing them up are thus a full exemplification of "dirty politics".

[LiberTLover]

Wow, where was your outrage when it was Hillary spending her $100 plus million war chest on Super Tuesday (way outspending Obama) and expecting to get the nomination and not have to campaign anymore?

And you may want to do a little research about Hillary and people with terrorist ties. Her husband pardoned 14 or so FALN members at her request to help her win the Latino vote for her Senate seat. They actually killed 4 Americans and planted bombs that wounded and maimed many Police officers who were trying to diffuse them. And then there was her accepting $50,000 from an extremist Muslim group and trying to pass it off as being from a different group but got causght and had to give it back. The list goes on and on. And playing on YouTube right now is her number one backer Gov. Ed Rendell praising Farrakhan with some gusto. The hypocrisy never ends.

[toldyaso]

keep reaching. eventually you'll grab something with substance.

[Ork]

Can you stop your toll signature (BTW what does broke hitlary pay you for it).. Obama has no more than a passing association with ayers and Odinga is neiter his cousin or a genocidal maniac.. he is the prime minister of Kenya, who was robbed of his win by the sitting govt.. if you can't help, don't spread falsehoods..

[jus200008]

You know very well that Clinton would spend just as much if she had the money.

And Hillary has the name recognition already. She doesn't need to spend as much. Obama was completely unknown outside his own state before his speech at the democratic convention and even then not many Americans knew who he was.

By the way, the Clintons have much worse disturbing associations than Obama. And much more direct: not just a guy who lives on his block. But the Obama campaign has not gone there, to their benefit.

[DesertLight]

Confusion say, "He who has most gold nuggets in his sack, wins!"

[U4IA]

Humor?

[astral66]

Hillary can't run her own campaign responsibly, how can she possibly be trusted to manage our economy?

[Fighter4USA]

Remember Obama's money bought Sen Clinton's campaign manager after her win in CALIFORNIA. Alllllll about money, no loyalty, no patriotism, no morals.

Obama's money is buying his nomination, its clear as water.

[goodsnservices]

Hey, dumb guy. Obama's money came from us. In many, many, many small sums. There's plenty more where that came from! From us, PATRIOTS, dolt!

[Ork]

Right, and how is it Obama's money? I did not see any 5mil "LOANS" by Obama to his campaign.. I would rather, that hillary is trying to bully her way into the nomination riding on the coattail of bill.. now go ahead spin that!

[tiredofhillary]

If this how she manages her money, I would expect her to do much good on the economy if elected.

Maybe she should dip into the 109M she has to finance her campaign.

I wouldn't put her over my child's piggy bank.

[DinOhio]

Reminds me of my ex - running up large credit debts and spending money we didn't have. Left me with the tab.

[Testtubebaby]

That's right, why is the little guy giving her money. Romney financed his campaign. Why can't she help her campaign out. She can't blame anything on anyone but herself. She has duped a lot of people. She has stabbed her own DEMs in the back over McCain. She is throwing harsh and disgusting negatives at Mr. Obama. It's time he started to fight back. She's losing the dems respect, she's losing delegates, she's losing money...


But people don't get it...or do they.

[poco767]

she has already helped her campaign out with a loan of $5 million.

[rabprevent]

TO HELP PROLONG HITLLER-Y'S PAIN, I AM SUGGESTING THAT EVERY OBAMA FAN ON THIS POST DONATES $10 TODAY, PASS THIS ON.......

DONATE $10 TODAY TO OBAMA'S CAMPAIGN

DONATE $10 TODAY TO OBAMA'S CAMPAIGN

[androcles]

The engine block for this jalopy of a campaign is broke/broken. It's now sputtering and belching along on fumes. Just about any time now........

[Independent_voter]

hillary can't manager her husband
hillary can't hire good people
hillary can't manage a staff
hillary can't manage a budget
hilalry can't manage her camp pain

Ready on day one ?

I doubt that hillary could manage a hot dog cart - unless she beat up the other hot dog vendors on the block.

[Fighter4USA]

*** Obama's poor judgement to even select hisfriends:
Much has been already discussed about Barack Obama"s disturbing associations with a domestic terrorist (Ayers), to a prominent Palestinian advocate of suicide bombings (Khalidi), a corrupt Iraqi billionaire (Auchi), a sleazy personal fundraiser and mafioso (Rezko), and to his own genocidal maniac of a cousin from Kenya (Odinga), for whom Obama led a "positive" campaign effort to achieve his "election" a few years back. As many of us know, Obama"s camp has recently taken a defensive stance and have dedicated countless hours to spread the word around the internet that these issues are "irrelevant" to a Presidential campaign and that bringing them up are thus a full exemplification of "dirty politics".

[InfoGiant]

You haven't even gotten into the part about:

Hillary can't run a campaign without getting loans from her husband after his shady dealings with dictators and policies she opposes.

http://infogiant.wordpress.com/

[Ork]

True, she is a walking, talking conflict of intrest.. day in, day out..