Inside Politics Daily

Clinton Loans Her Campaign $5M

Posted:
02/6/08
As I noted a couple of days ago, Hillary Clinton raised $13.5 million dollars in January. Barack Obama took in $32 million. Today, we have learned that to stay competitive on Super Tuesday, the Clintons personally loaned an additional $5 million to her campaign.

With a net worth of upwards of $35 million, the former first-family may not be so pinched by the personal loan. Then again, Barack Obama is said to be on pace to raise another $30 million in February, and that estimate was calculated before his strong Super Tuesday showing. Since then, he has raised nearly $8 million.

In case you're wondering, the Obama's net worth is estimated at $1.3 million. So where is all his campaign money coming from?

Almost all of Obama's haul--$28 million [in January]--came from small donors giving small sums online, which means he still has resources to tap. Clinton, in contrast, has a smaller pool of donors, many of whom have already reached the legal limit of what they are allowed to give, meaning she will have to reach out to new sources for funds.

But hey, on the bright side for Hillary, there's still another $30 million in the Clinton bank account.

David Knowles

A journalist, musician and novelist, David Knowles has covered politics at AOL for the past two and a half years...more

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