Obama Willing to Help Bail Clinton Out of $20M Debt
Posted Jun 5, 08 12:42 PM CDT in
Politics
(Newser)
–
Barack Obama might ask his supporters to help Hillary Clinton pay off her campaign debt, Bloomberg reports. Clinton has accrued more than $20 million, $11.4 million of which she personally contributed. Under a campaign-finance law (co-sponsored by John McCain) she has until August's Democratic convention to raise money to settle the debt, after which she can only recoup $250,000.
"Obviously we want to help each other,'' one Obama adviser said. The Illinois senator is barred by law from contributing from his own treasury, but can host fundraisers and ask supporters to aid Clinton directly. That action, Bloomberg notes, could also help heal bruises left by the lengthy primary battle.
Source
Bloomberg
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Started by
Jaks
Updated by
Paul
May 16, 08 3:46 PM CDT
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