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Clinton wants help with campaign debt

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Bethany Beightol
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« on: June 24, 2008, 10:44:10 am »

Clinton wants help with campaign debtPosted: 09:29 AM ET




From CNN Ticker Producer Alexander Mooney

 
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?)

Filed under: Barack Obama • Hillary Clinton • Popular Posts

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Volitzer
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« Reply #1 on: June 28, 2008, 01:34:28 am »

Get it from the Bilderbergers.   Angry Angry Angry

Typical liberal fiscal mismanagement.   Tongue
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