Spring Break
Obama spends less in June, saves resources
JIM KUHNHENN Associated Press Writer
Issue date: 7/21/08 Section: NATIONAL
On Sunday, Clinton, who suspended her campaign on June 7, reported raising $2.7 million from donors during the month. She also lent her campaign $1 million to pay off some vendors, bringing her total loan to the campaign to $13.2 million.
Clinton has continued to raise money and Obama has asked that his donors help her as well to reduce her debt. Clinton owed $5.3 million to her senior adviser and pollster Mark Penn, but aides to Clinton said she first intends to pay off small vendors owed money by the campaign.
She has until the Democratic national convention at the end of August to raise money to pay off her loan, an unlikely prospect. After that, she can only pay herself back $250,000.
Clinton ended her campaign with more than $23 million designated for the general election. She is asking donors whether she can convert that money to the campaign account for her 2012 Senate re-election. Donors can also ask for refunds of that money.
Copyright 2008 The Associated Press.
Clinton has continued to raise money and Obama has asked that his donors help her as well to reduce her debt. Clinton owed $5.3 million to her senior adviser and pollster Mark Penn, but aides to Clinton said she first intends to pay off small vendors owed money by the campaign.
She has until the Democratic national convention at the end of August to raise money to pay off her loan, an unlikely prospect. After that, she can only pay herself back $250,000.
Clinton ended her campaign with more than $23 million designated for the general election. She is asking donors whether she can convert that money to the campaign account for her 2012 Senate re-election. Donors can also ask for refunds of that money.
Copyright 2008 The Associated Press.
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