Reply #12: Clinton in Debt to Advisers, Owes Penn $4.6 Million [View All]

[babylonsister]

Clinton Campaign Facing Deepening Debt to Advisers

By Matthew Mosk
Washington Post Staff Writer
Tuesday, April 22, 2008; Page A06

The financial gap between Democratic Sens. Barack Obama and Hillary Rodham Clinton has grown increasingly pronounced during the presidential primary season, and the Clinton campaign is now shouldering sizable debts to several key consultants and advisers, campaign records show.

Clinton entered April with about $9.3 million in cash on hand, but she also carried about $10.3 million in debt. In contrast, Obama had $42.5 million available to spend at the start of April and reported $663,000 in unpaid bills.

http://www.washingtonpost.com/wp-dyn/content/article/2008/04/21/AR2008042102793.html