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Clinton expected to look to Obama for help on debt

Hillary Clinton expected to seek help from Barack Obama in reducing $30M campaign debt
 
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In politics, money talks. And money is likely to be an important factor in discussions between Barack Obama's advisers and the debt-saddled Hillary Rodham Clinton campaign.

Clinton will likely seek help from Obama in retiring her massive campaign debt, which has swollen to more than $30 million, including $11 million she lent the effort, advisers said Thursday.

The former first lady, who plans to bow out of the race and endorse Obama on Saturday, told donors she will raise money for Obama's campaign, both to help the Democratic Party's cash position and to expand the Illinois senator's prodigious fundraising base. Her advisers estimate the former first lady could bring in $50 million to $100 million for the general election campaign — and much more if she were named Obama's running mate.

The advisers spoke on condition of anonymity because they were not authorized to discuss the matter publicly.

Clinton hosted a conference call Thursday with her national finance committee, urging them to shift gears and begin raising money for Obama and for the Democratic National Committee, which will be coordinating fundraising efforts with the Obama campaign.

DNC Chairman Howard Dean has already reached out to some major Clinton fundraisers, urging them to put aside any lingering bitterness over the primary and come aboard to help Obama. Dean dined with several top donors in Boston on Wednesday night.

 
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  • Posted By: glimps @ 06/06/2008 10:39:40 AM

    Comment: Why should Obama help with the Debt she ran up & her supporters are blogging about not voting for him; that means they are donating to the RNC instead of theDNC.. anyway !! 30 million is alot of Debt.....

  • Posted By: ozarkajuice @ 06/06/2008 10:33:47 AM

    Comment: Lol i was watching John Stewart the other day. On the segament they had the one of the guys from the show at Hillary speech on tuesday night. He was interviewing some of the ppl from the crowd. he ask one, if he hillary doesnt win who will you be voting for. the guy he asked says "I will vote for Mccain, because obama stole the campaign" the person from john show looked at the camera with a look of THIS GUY MUST BE STUPID.

  • Posted By: Omaar @ 06/06/2008 10:29:24 AM

    Comment: Hillary: Bill, I'm going out for a Midnight Stroll.

    Bill: You want me, to come along, Hill ?

    Hillary: No, Bill, You rest your Weary Head, its been a long Campaign and I need to sort through, some things.

    Bill: Alright, Night, Night, Sugar Pants.

    Hillary: Saying to herself.. The Old Grey Goose, is getting more Gullible in his Old Age...

    He!!, I'm going to get some of that (Hot Obama Lovin) !!!

    Bill: After the Coast is Clear...hits his Cellie...

    Thank God, I got Michelle on Speed Dial, Man Oh Man, is Hillary getting Slow, in her old Age !!!

    Once upon a time, Hillary would've caught Me right Dead in the Middle of it, now its just a D@MN Cake Walk.

    Hillary: Thank God, I got Barack in My Fave 5 !!!

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