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SATURDAY, NOVEMBER 21, 2009
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 ANALYSIS 
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Campaign Debt? What Campaign Debt?

Clever accounting could leave Clinton cash to play kingmaker

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(Newser) – Some clever and mostly legal accounting tricks could minimize Clinton's big campaign debt and leave her with cash on hand for king-making or another future campaign, reports Politico. Hillary could reclassify her own loans to the campaign as contributions, ask donors to redirect their cash to her Senate campaign, and take it slow on repaying understanding debtors.

If Hillary pays off vendors that could sue her campaign, there's no rush on repaying the rest of the so-called "friendly debt." A legally controversial possibility raised by Politico involves transferring general election contributions and debt to her Senate fund, then paying off the debt there, but Clinton's own lawyers are urging caution on that front.

Democratic presidential hopeful Sen. Hillary Rodham Clinton, D-N.Y., greets supporters at her South Dakota and Montana primary night event in New York, Tuesday, June 3, 2008.
Democratic presidential hopeful Sen. Hillary Rodham Clinton, D-N.Y., greets supporters at her South Dakota and Montana primary night event in New York, Tuesday, June 3, 2008.   (AP Photo/Peter Morgan)
Sen. Hillary Rodham Clinton, D-N.Y., greets supporters at the National Building Museum in Washington, Saturday, June 7, 2008, as she suspends her campaign for president.
Sen. Hillary Rodham Clinton, D-N.Y., greets supporters 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.,, listens to testimony on Capitol Hill in Washington from Gen. David Petraeus on the status of the war in Iraq.
Sen. Hillary Rodham Clinton, D-N.Y.,, listens to testimony on Capitol Hill in Washington from Gen. David Petraeus on the status of the war in Iraq.   (AP Photo/Susan Walsh, File)
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