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Hillary Clinton is Throwing a Party
December 04, 2008 11:43 AM
ABC's Eloise Harper reports:
Hillary Clinton's office has just released an announcement that she and her husband, former President Bill Clinton, are having a party - and its not to celebrate her nomination as Secretary of State. Its an event to relieve her debt.
Hillary Clinton has been for months trying to relieve the millions of dollars in debt that her campaign amassed over the months of the 17 month primary campaign she ran.
At this point Clinton's debt stands at $7.5 million dollars in vendor debt. During the campaign Clinton loaned herself over $13.1 million dollars in an effort to keep her campaign afloat in the final days. She lost the chance of getting that money back, when she failed to raise it before the Democratic Convention.
It has been a never-ending battle for Clinton to repay this huge dept she raised during the campaign. As a result of The Hatch Act of 1939, once confirmed as Secretary of State - Clinton will no longer be able to solicit funds. Her former campaign however will be able to do so on her behalf.
In August, Clinton transferred $6.4 million dollars of money she raised, back to her Senate account. In theory, Clinton could transfer that money back to her presidential account to relieve the vendor debt that is still owed.
Clinton's "Debt Relief" event, which will be held on December 15th in New York City, is the greatest effort in recent months from her to try to solicit funds for this cause.
ABC's Tahaman Bradley contributed to this report
December 4, 2008 | Permalink | Share | User Comments (14)
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Sounds like fun......not.
Posted by: Huh | Dec 4, 2008 12:01:06 PM
If I lived in NY I would be there in a heartbeat!
Posted by: yvonneh120952 | Dec 4, 2008 12:15:59 PM
Bill could just go on more speaking engagements or write a book.
He can pull in the big bucks.
Posted by: old school | Dec 4, 2008 12:24:10 PM
I would I could. Hillary's my girl. I maxed out on contributions during the campaign. I don't believe I can legally give another dime.
Posted by: lonnette33 | Dec 4, 2008 12:24:43 PM
Hey,
I thought she just buried the hatchet with Obama. He is still asking for money for the DNC by pushing those fleece jackets.
Why doesn't she ask Obama for some $$$ ????
Posted by: Mike_C | Dec 4, 2008 12:26:37 PM
Can't attend since I'm live in another city. Where can I make a contribution??
Posted by: Pat Sulewski | Dec 4, 2008 12:27:23 PM
People better not jump on her either. She lost 12 million she bit she's not getting that back, let her try and raise the rest she owes, I got an email from Obama hawking mugs for contributions he's still fundraising.
Posted by: rachel | Dec 4, 2008 12:43:27 PM
I thought President Elect Obama was going to help her pay off some of that debt. He probably would.
Posted by: linda | Dec 4, 2008 12:49:09 PM
I'm a Democrat. I did not vote for Hillary. Is this the way she will operate her next official POST? I wish Obama had more information before he chose Hillary...if she can't balance her own checkbook, through the campaign, why give her our country's money to mess up ?
OH WAIT !!
We did this already, didn't we...remember the HEALTH PROGRAM ?
How is that working for YOU ?
Cookie
Posted by: Cookie | Dec 4, 2008 1:17:13 PM
This is SOOOOOO Wrong!!! and we want this selfish degenerate representing the USA?
Posted by: jim | Dec 4, 2008 1:42:53 PM
The poor military people that now need to suffer her moodiness and treatment she offers up to those who serve her as she travels around the World on military transports. Maybe the new President will give her lessons on how to treat people in a good manner.
Posted by: Phantom Phixer | Dec 4, 2008 1:51:55 PM
Is this the kind of person we want handing out foreign aid?
Posted by: Dale Netherton | Dec 4, 2008 3:21:54 PM
just simply said,,,hillary$$$$$$$$$
Posted by: hogjawjosh | Dec 4, 2008 5:35:17 PM
Cool definetly since they did worked their way up. Good deal. Hopeful eventually we all have some little chance for a party somehow as well down the road. Specially thoughts for the many Homeless nationwide in depression since long before all such 'Financial Crisis' turmoil came up. I beleive that some kind of 'Rescue Plan' package will get them out of the streets for good. Probably somekind of 'BailOut' too, who know's? Fundamental! Happy New Year All!
Posted by: Mike Dud | Dec 5, 2008 3:03:31 PM
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