Should Barack Obama pay off Hillary Clinton campaign debts?
After 17 months of directing Operation Hillary, the would-be commander-in-chief is confronting some serious Debt. $22.5 million of it. According to a report by the Federal Election Commission (FEC) released Friday, Clinton owes $10.3 million to everyone from printers in Iowa to caterers in Pennsylvania to Mark Penn’s consulting firm in D.C. She’s also down the $12.2 million she personally loaned her campaign.
http://blogs.tnr.com/tnr/blogs/the_plank/archive/2008/06/25/choose-your-own-debtventure.aspx
Faced with a campaign Debt of over $20 million, Hillary Clinton discussed the issue with her former rival Barack Obama ahead of their first campaign appearance together to project Democratic party unity. The two spoke by phone Sunday night, the first time the likely Democratic nominee and his former rival have exchanged words since their private meeting in Washington weeks ago before Clinton conceded defeat and endorsed Obama. They discussed retiring Clinton’s campaign debt, a conversation Democratic sources cited by ABC called “constructive”.
They also discussed their forthcoming joint fundraising appearance in Washington on Thursday and the first campaign appearance together appropriately in the small town of Unity, New Hampshire, Friday. Though the former first lady won the New Hampshire Democratic primary, the two received 107 votes each in Unity. More on the US campaign trail
Clinton conceded the Democratic race to Obama June 7, just four days after splitting the final two primary contests in South Dakota and Montana.
The pair held a secret meeting in Washington at the home of Senator Dianne Feinstein, a Clinton supporter, prior to Clinton’s concession but had not spoken since that time. Battle for the White House
Besides talking to Obama, Clinton Monday turned to her supporters for help in settling the well over $20 million in debt, nearly half of which she loaned herself personally earlier in the year when her campaign was virtually broke and faced life-or-death primary contests.
Under campaign finance laws spearheaded by current presumptive Republican nominee John McCain, Clinton must pay herself back before the party’s convention in late August, or else she is only allowed to receive $250,000.
In an e-mail to supporters, Clinton says she “has something I want to say,” and directs readers to a Web video in which she says “Today, I still need your help.”
The video reads: “By helping us pay off our campaign debt, you’re not just helping Hillary elect a Democratic president and grow our majority in Congress. You’re making it possible for her to work as hard as she can on the issues we care about.”
Clinton also continued to praise onetime rival Barack Obama, saying she knows the Illinois senator shares the same goals as she.
The Obama campaign is reportedly open to helping Clinton raise money to pay off her lingering campaign debt, though no agreement has been announced yet. Under campaign finance laws, the Obama campaign is not allowed to retire Clinton’s debt directly
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mjack777 did he … mjack777 did he leave yet i want to send you some juicy photo's
ask to china since … ask to china since bill sold out american jobs with FREE TRADE fiasco only good for country using slave labor
Least he could do!! … Least he could do!! He screwed her every which way …. She won – Obama, the thug pulled off the robbery of the century ….(with the help of Soros ) HE owes her …BIG TIME. He "pimped her out" to get votes … why she didn't say :screw you" I will never know
I know you trying … I know you trying to play me but your comment is ELEMENTARY!!!!. unless you gay then I am sorry.
lukatmme the only … lukatmme the only candidate who was running. Is the Clinton's they would of had the Columbine's and the gays. and everybody knows she was a open butch in college. they would have rented the Lincoln bed room out.
retnuhneila I am … retnuhneila I am sorry but Hillary Rodham Clinton assinated her self. when she started lying about how she was ducking sniper fire. And how she said that the President said if the place is dangerous send the first lady she would know how to handle her self.
I am sorry but … I am sorry but Obama is cleaner then John McCAIN AND John Edwards. you never and never going to hear about Obama cheating on his wife. O yeah and cleaner then Bill Clinton.
what a shame. She … what a shame. She was talking about experience but come to find out she cant even handle her money debt and matter a fact she couldnt even handle the presidential penis… thats a shame.. Go Obama Or Go Home!!!!
the media inated … the media inated clinton because they wanted black, the media screwed her and they should pay.
Hell no!!! Why … no!!! Why should he? Obama has no time for Hillary's indiscretions!!! He's running a campaign not a nursery!!!!
Whatever happened … Whatever happened to that 12 million she loaned her campaign, because if she lost that,ouch. But this is about the 10 million, right. No worries mate, New York has a poulation of over 19,300,000+. That's like less than 75 cents a person. They would be more than happy to help retire the debt of her/their champion. I say employ Joe Lieberman to help her to retire her debt, he's got coattails, if not, have her husband give a phony baloney speech to a friendly government if you know what I mean.
He can't. But he … He can't. But he would be no less than a gentleman to try to help her raise money to do it herself.
Obama campaign … Obama campaign funds cannot legally go to Clinton.
FEC rules prohibit that. Barack and Michelle Obama can each make a personal donation of $2300 to HRC's campaign. Obama's campaign committee can also donate $2000.
The FEC limits repayment of money a candidate lends to her own campaign. Only $250,000 can be repaid to a candidate from donations recieved after the election/primaries.
This is why I will … This is why I will not further financially support the Obama campaign (because I'm afraid it'll go towards Hillary's debt). It was HER choice to go further into debt not Obamas. I am committed to voting for him and have been since the beginning. BARACK in 2008! Peace.
You don’t have no …
You don’t have no intelligents do you realize how inherently and insane you sound with your groaning and complaining,I don’t stoop to your level to show myself off as no racist fool i’m above that and you.
You stupid,Obama …
You stupid,Obama don’t have nothing to do with Edwards cheating on his wife,It’s not like he was there cheering him on to cheat,You sound like a angry disgusting soul take a look in the mirror.
Look lukatmee you …
Look lukatmee you sound so racist. come on the inquirer. That paper get one story right every 60yrs. and it finally got the Edwards story right. I am sorry but the Obama’s are very very happy. more then I can say about you!!!!
lukatmee you just …
lukatmee you just making up stuff. If you want to tell the truth. You know that he is the Only Candidate in this race there is nothing about him cheating on his wife and thats the truth. HE’S THE only candidate whom manged a great campaign.That prove what type of White House he would run.
At least Bill & …
At least Bill & daughter are not full hypocrites as Hillary and Barack Hussein Obama is! “Pull the troops now…I would rather win the election than the war!!! whats this???…the surge is working??? OH NO!!! I can’t admit it now! Don’t drill for oil… OH NO!! let me look at the polls…I had better drill, screw the environment, screw the country!!! I wanna win!!!” Sad BUT TRUE!!! go to exposeobama com and check into reality
They hated each …
They hated each other, torn down and exposed each other to the hilt..AND NOW BEST FRIENDS??? Where is Mr Bill and Chelsey???? OH yes, off in Africa hiding as submissive puppets for their party and NOT SUPPORTING Barack Hussein Obama???
he won’t because it …
he won’t because it is all about Obama, not the people nothing else
Pay ur own debt b! …
Pay ur own debt b!tch. You went war further than you needed to because you were a pig headed sexist.
Boobalopbop, we …
Boobalopbop, we shouldn’t keep that grudge. This election is way too important. Democrats, Independents, and even Republicans must unite to work towards our common cause – a better future for all of us.
Obama ’08 !!!! …
Obama ’08 !!!! Obama ’08 !!!! Obama ’08 !!!!
Hillary has 18 …
Hillary has 18 million supporters. THEY should pay off her debts since they LOVE her so much!