Clinton debt larger than reported

[jakem]

Hillary Clinton's campaign debt at the end of March was bigger than it appeared because she didn't list the $5 million she loaned herself, a campaign finance watchdog group reported this afternoon.

Clinton, in her filing with the Federal Election Commission, reported that her campaign had $9 million in cash on hand as of March 30, and $10 million in debts.

"The Clinton campaign itemizes its debts to vendors, totaling $10.3 million by the end of last month, but since January, when Clinton infused her campaign with $5 million, the campaign hasn't been adding in that loan when reporting its overall debt to the Federal Election Commission," the Center for Responsive Politics said.

"An FEC representative tells us Clinton's debt to herself, even if she won't be paying it back, should be lumped in with the campaign's debts to others on the first page of the monthly filings, not just listed deeper within her disclosure forms -- that's how the other big self-funder in 2008, Mitt Romney, reported the $42 million he lent himself."

Including the loan would put her debt as of March 30 at $15.3 million, the nonpartisan group said.

http://www.boston.com/news/politics/politicalintelligence/2008/04/clinton_debt_la.html

[NJmaverick]

1. As is typical for them, the truth didn't sound that good, so they just lied

Pretty much their MO

[lisa58]

2. I guess if they published $15 million in debt....

....they would have raised $15 million in the first 24 hours after PA.

[redqueen]

3. Lie lie lie lie lie lie lie

it's not even remotlely surprising anymore.

[jgraz]

4. Wait... she lied?????

Pardon me while I die of not surprise.

[truebrit71]

5. Ooops!!!

Better put her in charge of the budget then.... :sarcasm:

[BlooInBloo]

6. To take a page from the Clinton supporter playbook...

... If a candidate can't manage her own campaign's finances, how could you support her as President?

If she can't even TELL THE TRUTH about her own campaign's finances, why do you expect any better from her as President?



EDIT: Typo, added last sentence.

[PBS Poll-435]

7. They are wrong. The reports speak for themselves

The loan is included in debts on page 1. It is scheduled on form Sch3C on Page 37966

[NatBurner]

8. maybe she was sleep deprived when she added it up

with all those 3am phone calls & all

[snooper2]

9. tell CNN

:rofl:



GOBAMA!

[marshall]

10. Does she have to pay herself back?

Is that some kind of rule? I thought Romney financed most of his campaign with his own money. Is it a party set rule?
Why can't Hillary just dip into more of her own money to pay back the Moms and Pops who gave her hot dogs and beer and other items?

[redqueen]

12. She doesn't have to pay herself back... but she has to report it.

It shows an influx of income that is NOT from supporters, and as such it affects the way her campaign's finances are viewed.

[City Lights]

11. Lying to a government agency.

Laws are for little people.