Is Clinton Broke Again?

david-knowles

David Knowles

Contributor
Posted:
05/7/08
That's the news leaked by The Drudge Report, a suspect source if ever there was one, but now confirmed by the AP and Howard Wolfson. The details? Hillary Clinton has dipped into her personal fortune once again, loaning her campaign another $6.4 million last month, and that she'll be transferring even more funds from the joint bank account soon.

The last time the alarm was sounded that hard financial times had befallen Clinton's campaign, donors opened their wallets big time, and came to her rescue. Since then, however, we've learned how much money the Clintons made since Bill left office, and, after yesterday's primaries, Hillary's chances suddenly look bleak at best. So will loyal Clinton supporters ride to the rescue yet again?

Camp Clinton has struggled with debt ever since Super Tuesday. Last night, I even heard one MSNBC pundit suggest that one factor in any deal paving Clinton's exit from the race would be for Obama to agree to pay off Hillary's outstanding campaign debts.

Meanwhile, kos wonders if Hillary will stay in the race to try and raise money to cover her debts. I suppose he means that she'd technically still be in it, hold fundraisers and continue to take in money online, but not actually spend all that much in the next few primaries.