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Hillary (and Bill?) Loan Her Campaign $6 Million More

May 07, 2008 9:54 AM

The Clinton campaign reports today that in the last month Sen. Hillary Clinton, D-NY, has loaned herself $6.425 million in the last month -- bringing her grand total of "loans" to her campaign $11.425 million, putting on in place to be the second biggest self-funder this election cycle, behind only former Massachusetts Gov. Mitt Romney.

The loans were:

$5 million on April 11; $1 million on May 1; and $425,000 on May 5.

The dates are significant because she still felt the need to loan herself money even after her impressive win in Pennsylvania on April 22 -- meaning the $10 million she raised in the 24 hours after that win was not enough.

One other point of possible significance.

After her $5 million January loan was disclosed, Clinton said "I loaned the campaign $5 million from my money."

MY money, she said.

"The loan is from Senator Clinton's share of their joint resources," a Clinton spokesman told reporters, clarifying the point even further.

Sen. Clinton earned slightly more than $10 million (including an $8 million advance) for her memoir, Living History.

She has now loaned herself more than that -- $11.425 million -- meaning, presumably, she may now be lending her campaign funds former President Bill Clinton earned.

Their joint assets are their joint assets -- but she's the one who split the hairs on "my money" back in February.

More to the point, this news may give the media more of a reason than ever to inquire as to how the former President has made his money -- something he has been reluctant to discuss.

- jpt

May 7, 2008 | Permalink | Share | User Comments (26)

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wy do you say the clintons are royalty
and a political dynasty?
and what is the clinton machine?

Posted by: jgaw | May 7, 2008 10:41:32 AM

Barak took on one of the most powerful political dynasties in America and he despite all the negative media frenzy about things that matter to them and not to the voting public, Barak is steadily increasing in popularity with American Voters. Why? Because America believes in the American dream.
Thanks to mature American politics , despite all the negative spin by wrong footed media that tried to muddy the voting waters with side issues to deflect the common purpose of America's voting public, Barak is on the way to sealing the Democratic Nomination.
Errol Smythe.

Posted by: Errol Smythe | May 7, 2008 10:29:49 AM

It's sad to see it end this way for Hillary and Bill, they will destroy the party and any bridges they have left to win this election, they need to stop before people rally start to hate them...

Posted by: Joe | May 7, 2008 10:19:08 AM

Hey Tom! President Obama has invested MY money and 1.5 million supporters money! The way that he has run his campaign - no debt, no defections or resignations, no one accepting money to push Columbia trade, and without playing dirty politics - is what Obama has invested. The highest office in the land should not be sold to the highest bidder!

I cannot wait to see Obama's hand on the Bible being sworn in on Jan. 20, 2009!

YES WE DID!

Posted by: Roxanne | May 7, 2008 10:13:01 AM

President Bill Clinton and his wife Hillary are uber-rich American royalty, but they can't buy the nomination away from the skinny black kid from the South side of Chicago.

That makes me incredibly proud as an American.

Fortunately the founding fathers had an issue with royalty, and gave us the Constitution instead.

Posted by: matt | May 7, 2008 10:08:50 AM

Hillary is invested in this fight. She is spending her own money for the people of America. What has Obama invested?

Posted by: Tom | May 7, 2008 10:07:13 AM

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