While Clinton assesses her debts, Obama brings in the big bucks.

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Political pundits continue to weigh in on Hillary Clinton’s campaign debt. As we know, Clinton loaned her campaign over $11 million – thanks to the McCain/Feingold campaign finance rules she has until the Democratic Convention (August) to re-pay herself – after the convention she can recoup only $250,000 (of the remaining loan).
As for her debt to her vendors, currently around $9.5, she has a few more options. She can continue to raise money (she, reportedly, has raised $1M since Obama clinched the nomination) to pay off the debts. She can negotiate with her vendors to reduce the amounts (however, the vendors can not simply forgive the debt, as that would constitute a donation from a corporation); interestingly, about $5 million of her debt is owed to Mark Penn’s consulting firm. Another option she has is to roll-over the debt into her 2012 Senate re-election campaign.
Clinton does have over $20 million in contributions earmarked for the general election – generally, these funds would be returned to the donors, or, with permission from the donors, the amount could be transferred to her Senate race – whether or not she can use these funds (even with donor permission) to re-pay her debts is unclear.
She could, of course, get some help from Senator Obama – while he can’t just “write her a check,” he can ask his supporters to help her.
And he’s been having a pretty good June, so far. Democratic fundraisers are predicting that he will raise over $100 million in June alone.















I don’t imagine it will be easy to get money from Obama supporters to pay off her debt or to pay Mark Penn. Obama is raising money for the general and for the DNC, raising cash for Hillary is going to come in third at best.
I agree – While Obama seems to be quite adept at fundraising – his coffers, and the DNC, are definitely ahead of her.