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Thursday, November 26th, 2009

Hillary’s Campaign Deficit

March 24, 2008 by thursday  
Filed under Business

One word that always gets thrown around during campaign season is “deficit.” There’s a pretty general consensus that deficits are bad — just like debts in general. I certainly can’t think of a candidate who’s promised to raise deficits after all.

I’m concerned, though, about Hillary Clinton’s willingness to spend her campaign into her own personal little deficit — totaling $8,733,609 at the end of February.
Voters have to ask how much of a deficit is Clinton is willing to run up as President if she lets her own campaign get in so much debt. It’s not even a party issue — we’re facing a recession and big deficits can cripple an economy.

As a contrast, Barack Obama’s campaign has only about $600,000 in debts. John McCain is at $4,340,981. Clinton is definitely leading the pack.

She’s struggling with fundraising, as well: according to the Wall Street Journal, Obama had almost three times the cash on hand as Clinton at the end of February. She had approximately $11 million, with $3.7 million owed to various vendors. Is the race for the Democratic nomination about to come down to who can pay their bills?

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