Clinton Lends Campaign $1M as Debts Mount

Reticent donors make mountain of liabilities difficult to pay off
By Jason Farago,  Newser Staff
Posted Jul 21, 2008 6:07 AM CDT
Democratic presidential candidate, Sen. Barack Obama, D-Ill., left, is joined onstage by Sen. Hillary Rodham Clinton, D-N.Y., during a campaign stop in New York, Thursday, July 10, 2008.    (AP Photo/Jae C. Hong)
camera-icon View 3 more images

(Newser) – Hillary Clinton lent her suspended presidential campaign an additional $1 million at the end of last month, according to filings with the Federal Election Commission. The newest self-loan—the New York senator has now lent herself $13.2 million—underscores how much difficulty she is facing in retiring her mountain of debt. A Clinton spokesman told the New York Times that the new loan was to "pay immediately outstanding debts."

Although Barack Obama cut Clinton a $2,300 check as a symbolic gesture, his supporters have been reluctant to help his former opponent pay off her liabilities; in June, the Clinton campaign spent $5.4 million but took in only $2.7 million. Other filings with the FEC show that John McCain's campaign has sharply increased spending—he spent $26 million in June, more than double what he spent in May.