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Hillary Clinton Loans $5 Million to Her Campaign
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Topic: Hillary Clinton Loans $5 Million to Her Campaign (Read 835 times)
hazel
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Hillary Clinton Loans $5 Million to Her Campaign
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February 08, 2008, 02:20:27 AM »
Agence France-Presse
WASHINGTON -- Democratic White House hopeful Hillary Clinton said Wednesday she loaned her campaign $5 million of her own money in January to keep up with rival Barack Obama's record cash windfall.
"I loaned the campaign five million from my money," Clinton said a day after more than 20 state nominating contests resulted in no clear front-runner for the Democratic party ticket.
"I loaned it because I believe very strongly in this campaign. We had a great month fund-raising in January, broke all records. But my opponent was able to raise more money," Clinton said.
"And we intended to be competitive, and we were. And I think the results last night proved the wisdom of my investment."
The New York senator, who won large states such as New York, New Jersey and California on Super Tuesday, also launched an Internet drive to raise $3 million in three days.
According to a Real Clear Politics running count, the former first lady has around 900 delegates, not yet half of the 2,025 she needs to capture the nomination.
Obama, the Illinois senator bidding to be the first black president, was close behind with 824.
His campaign announced it had raised $32 million in January alone, compared to $13 million raised last month by Clinton.
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