WASHINGTON, May 7, 2008

Clinton Lent Her Campaign $6.4 Million

Donation To Campaign Comes On Top Of Earlier Loan Of $5 Million

  • Democratic presidential hopeful Sen. Hillary Rodham Clinton, D-N.Y., speaks during a campaign stop at a train depot in High Point, N.C. Monday, May 5, 2008.

    Democratic presidential hopeful Sen. Hillary Rodham Clinton, D-N.Y., speaks during a campaign stop at a train depot in High Point, N.C. Monday, May 5, 2008.  (AP)

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(CBS/AP)  Sen. Hillary Rodham Clinton lent her presidential campaign $6.4 million over the past month, CBS News confirmed Wednesday, underscoring the financial advantage held by her rival, Barack Obama.

The money more than doubled Clinton's personal investment in her bid for the Democratic nomination. She gave her campaign $5 million earlier this year.

A campaign aide said Clinton gave her campaign another $5 million on April 11, more than a week before the Pennsylvania primary. She then again dipped into her personal wealth for $1 million last week and $425,000 on Monday, one day before the North Carolina and Indiana primaries. She has lent herself 11.42 million total for the campaign.

Clinton's campaign reported raising $10 million online after her Pennsylvania victory on April 22. Evidently, the money was not enough and her fundraising was unable to keep up with her expenses heading into Tuesday's contests.

Moreover, Obama has routinely outspent her in primary after primary and has shown little difficulty tapping his vast network of donors. He spent more than $7 million on advertising head of Tuesday's primaries in North Carolina and Indiana to her nearly $4 million.

According to the latest campaign finance reports filed with the Federal Election Commission, Obama began the month of April with $42 million in the bank for the primary to Clinton's $9.3 million.

But Clinton had debts of $10.3 million at the start of the month, much of it money owed to her main polling, phone banking and advertising consultants.

©MMVIII, CBS Interactive Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.
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Add a Comment See all 55 Comments
by truthyness May 8, 2008 6:43 AM EDT
Rich ****, Now its our turn.
Reply to this comment
by tibu987 May 7, 2008 10:53 PM EDT
Another thing to keep in mind as Hillary is using millions of her own funds for her campaign.
Obama has received many more millions of dollars from millions of voters that want to see him as president.

I am one of those small contributors, $10.00 at a time, twice so far. This speaks volumes and shows just how much support Obama has.

Now, my only concern is that Obama should NOT select Hillary as his running mate. I do not want to see any Clintons back in the White House for any reason.


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by obamaslady May 7, 2008 8:52 PM EDT
What happened to the 10M she raised in the first 24 hours after PA? I don''t understand - what happened to that money???
Reply to this comment
by truthspeake2 May 7, 2008 8:19 PM EDT
Hey, if you can''t win an election, then buy it!

...Is this a great country or what!
Reply to this comment
by questionnews May 7, 2008 7:57 PM EDT
"I wish everybody would have to have an electric thing implanted in our heads that gave us a shock whenever we did something to disobey the president. Then somehow I get myself elected president."

Jack Handey
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by a-ji May 7, 2008 7:22 PM EDT
Its time to make a graceful exit...
Reply to this comment
by randynason May 7, 2008 7:08 PM EDT
Considering the fact that she and Bill made over 110 million dollars between them in annual income last year, I guess she can afford it. By the way, isn''t Hillary''s running flatform based on common working-class ethic? I don''t know what''s so common about making that kind of money and then accusing your opponent of being a snob. That''s the pot calling the kettle black, in my book.
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by emelder May 7, 2008 7:07 PM EDT
Time to get out, Billary! Do so now, with grace, and Barack''s campaign will pick-up your deficit, provided you work ... work, I said ... to elect Barack this fall.
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by nirak2-2009 May 7, 2008 7:01 PM EDT
and I meant country, not county
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by nirak2-2009 May 7, 2008 7:00 PM EDT
If Hillary would give a *** about the party and the county she would call it a day.
She is just another selfish politician!!!!
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