Saturday, March 22, 2008

Hillary's Financial Difficulties

The FEC filings for February are now being examined and there's some peculiar news about Hillary Clinton and John McCain's finances.


After spending about $31 million in her efforts to keep up with Senator Barack Obama, Mrs. Clinton finished February with more than $33 million in cash on hand, but $21.5 million of that is earmarked exclusively for the general election, leaving her with $11.7 million for the primary.

Mrs. Clinton, however, loaned her campaign $5 million earlier this year and she listed $8.7 million in debts to various vendors, making clear why she has not yet paid herself back from her loan.

By way of comparison, Senator Barack Obama, her Democratic opponent, brought in $55 million in February, a record-setting sum, and spent about $43 million, leaving him with $31.6 million in cash on hand available for the primary and $7.3 million set aside for the general. He also did a much better job paying his bills, listing just $625,000 in outstanding debts.
Hillary Clinton raised $35 million in February while John McCain raised a paltry $11 million.

1 comment:

  1. I just can't wait until she releases her tax records, if, she stays in long enough to let it out just how rich they are, even though, I know she is taking it to Denver just to make sure McCain wins.

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