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October 11, 2008 1:21:32 AM CDT

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Hillary's Next Challenge: Paying Bills

Posted Jun 10, 08 7:35 AM CDT in Politics 

(Newser) – Hillary Clinton's White House bid made history—by ending with what is believed to be the largest presidential campaign debt ever. The New York senator had approximately $9.5 million in unpaid bills at the end of April, not to mention $11.4 of her own money that she lent the campaign. The Clinton campaign is still adding up the final tally, but her options for retiring her debt are limited.

Clinton continues to raise money from her most ardent supporters, the New York Times reports. But while those contributions will make a dent, she'll need Barack Obama's fundraising team to help her, although bad blood and the DNC's need for cash could hamper that effort. Another possibility is transferring her senatorial money for her campaign debt—which might be legally dicey.

Source New York Times

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Bill Clinton, right, holds his daughter Chelsea's hand as Sen. Hillary Clinton, D-NY., gives a speech to supporters in Washington, Saturday, June 7, 2008, where she suspended her campaign.   (AP Photo/LM Otero)
Sen. Hillary Rodham Clinton, D-N.Y., speaks at the National Building Museum in Washington, Saturday, June 7, 2008, as she suspends her campaign for president.   (AP Photo/Ron Edmonds)
Sen. Hillary Rodham Clinton, D-N.Y., pauses as she is applauded at the National Building Museum in Washington, Saturday, June 7, 2008, where she suspended her campaign for president.   (AP Photo/Ron Edmonds)
Sen. Hillary Rodham Clinton, D-N.Y., gets a kiss from Rep. Stephanie Tubbs Jones, D-Ohio, during a rally in Washington, Saturday, June 7, 2008, where she suspended her campaign for president.   (AP Photo/Susan Walsh)
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Hillary Clinton  • presidential campaign  • campaign finance  • Democratic presidential candidates  • debt


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