Clinton Campaign $20 Million in Debt (Updated)


May 12th, 2008

Update: Terry McAuliffe told Meet the Press yesterday that Clinton would be willing to lend her campaign more money. Does anyone else remember a time when McAuliffe was heralded for his fund raising and money management skills with the DNC? So, what happened?

From the Washington Post:

Clinton aides continued to insist that she will remain in the race even while confirming that she is $20 million in debt. “The voters are going to decide this,” senior adviser Howard Wolfson said on “Fox News Sunday,” acknowledging the $20 million figure. “There is no reason for her not to continue this process.” Wolfson said he has seen “no evidence of her interest” in pursuing the second-place spot on the Democratic ticket, contrary to rumors that she is staying in the race to leverage a bid for the vice presidential nomination.

For those wondering why Clinton is still in the race, there is your answer.

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