Hillary Clinton Loaned Campaign $5 Million
Marc Ambinder has confirmed that last month, Hillary Clinton loaned $5 million to her own campaign.
Howard Wolfson, Hillary Clinton’s communications director, confirms:
“Late last month Senator Clinton loaned her campaign $5 million.The loan illustrates Sen. Clinton’s commitment to this effort and to ensuring that our campaign has the resources it needs to compete and win across this nation. We have had one of our best fundraising efforts ever on the web today and our Super Tuesday victories will only help in bringing more support for her candidacy.”
That’s a pretty damning contrast to Barack Obama’s record-breaking $32 million January fundraising total.
Of course, as Ron Paul devotees can tell you, fundraising isn’t everything. Still, given Hillary Clinton’s name recognition, organization, and support, it’s a pretty embarrassing turn of events that she has to turn to her own money to support the campaign. If her fundraising is doing that badly, she’s really going to suffer between now and the very important March 4 primaries.