Hillary Clinton gives up hope of recovering $13m spent on her loaned campaign
December 23rd, 2008 - 12:57 pm ICT by ANIWashington, Dec 23 (ANI): Having spent more than a year on a failed effort to win the White House race, Senator Hillary Rodham Clinton has officially given up hope of recovering about 13 million dollars she borrowed for her presidential campaign, according to campaign finance reports filed.
This means that Hillary will not seek repayment for the money that wasinvested in her White House bid.
However, Hillary still owes 6.4 million dollars to vendors that her campaign used, reports the Washington Post.
As of Nov. 30, she still owed about 5 million dollars to her chief strategist and pollster Mark Penn.
The documents show that Clinton has made strides in paying off her campaign debt.
She paid media consultant Mandy Grunwald 58,000 dollars and she finished paying her former spokesman, Howard Wolfson, 200,000 dollars.
However, the time is running out and once she is confirmed as Obama’’s secretary of state, she will be barred from raising money to pay off the debt. And she still owes plenty to vendors. (ANI)
- Bill Clinton offers himself as lottery prize - May 13, 2010
- Bill Clinton Raffles Himself To Pay Hillary's Debt - May 14, 2010
- Hillary pays off 3.7 million dollars campaign debt - Apr 16, 2009
- Ugly Betty to help Hillary Clinton repay presidential campaign debt - Dec 05, 2008
- Bill Clintons charity to help reduce Hillarys campaign debt - Dec 25, 2008
- Former President Bill Clinton raffles himself to pay for wife's debts - May 14, 2010
- Hillary Clinton's mother dies at 92 - Nov 02, 2011
- Michelle Obama to lead US delegation to London Olympics - Mar 14, 2012
- Michelle Obama takes tips from Hillary Clinton on raising kids in public eye - Nov 12, 2008
- Hillary Rodham Clinton brings in mom to fight $7M-plus campaign debt - Dec 07, 2008
- Hillary Clinton's mother dies at 92 - Nov 01, 2011
- Clinton's friends find new way to help her pay left over campaign debt - Apr 24, 2009
- Hillary Clinton wrapping up campaign sale - Nov 22, 2008
- Clinton ready to step off `high wire' of politics (Lead) - Jan 27, 2012
- Clinton cancels trip for mother's illness - Nov 01, 2011
Tags: 5 million, campaign debt, campaign finance, chief strategist, hillary clinton, hillary rodham clinton, howard wolfson, mark penn, media consultant, million dollars, pollster, presidential campaign, raising money, secretary of state, senator hillary rodham, senator hillary rodham clinton, spokesman, strides, washington post, white house race
