Hillary Camp in the Red Last Month

Campaign raked in dollars but spent big and owes millions

By Kevin Spak, Newser Staff

Posted Mar 22, 2008 5:25 PM CDT

(Newser) – Hillary Clinton’s campaign is in debt despite a massive influx of donations last month, according to FEC filings. She raised $35 million in February, spent $31 million and ended up with $33 million—but most of it is reserved for the general election and the rest is owed. However, $5 million of that debt is to herself and need not be repaid.

Meanwhile, Barack Obama drew in a record $55 million last month, spent $43 million, and ended up with $31.6 million in hand. If her self-debt is forgiven, Clinton has only about $3 million in pocket. The dollar divide could hurt her with the superdelegates, many of whom contend that the race remains close because of her fundraising power, TPM reports.

Hillary Clinton listens during testimony on the future course of the war in Iraq during a Senate Armed Services Committee hearing on Capitol Hill in Washington in this Sept. 11, 2007, file photo. (AP Photo/Gerald Herbert, File)

Democratic presidential hopeful, Sen. Hillary Rodham Clinton, D-N.Y., greets supporters during a campaign rally in Evansville, Ind., Thursday, March 20, 2008. (AP Photo/Charles Dharapak)

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Hillary Camp in the Red Last Month

Campaign raked in dollars but spent big and owes millions

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Hillary Raises Big Money for Obama

Clinton draws $8M for former rival, despite own campaign debts

Clinton Aides Start to Believe Own Spin

Wright controversy a godsend for Clinton

Obama Pulled In $32M in January

Meanwhile, McCain makes headway after beginning '08 in debt

Edwards Cost Clinton Dearly: Penn

Ex-senator's fall from grace touches off second-guessing

Dems Stand to Lose Clinton's Fundraising Chops

Cabinet officials usually refrain from helping other candidates

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Hillary Camp in the Red Last Month

Campaign raked in dollars but spent big and owes millions

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OTHER STORIES ON OUR RADAR

Barack Obama • Hillary Clinton • Clinton 2008 • FEC • campaign fundraising

MOST POPULAR STORIES

[ By Views ]

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More Newser Stories

Hillary Raises Big Money for Obama

Clinton draws $8M for former rival, despite own campaign debts

Clinton Aides Start to Believe Own Spin

Wright controversy a godsend for Clinton

Obama Pulled In $32M in January

Meanwhile, McCain makes headway after beginning '08 in debt

Edwards Cost Clinton Dearly: Penn

Ex-senator's fall from grace touches off second-guessing

Dems Stand to Lose Clinton's Fundraising Chops

Cabinet officials usually refrain from helping other candidates

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Newser By Users

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