Clinton debt larger than reported

[Demeter]

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

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.
"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. 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.

Since winning the Pennsylvania primary on Tuesday, Clinton's campaign says it has raised $10 million and counting online.

[Deja Q]

1. Like people said about Tsongas, that's not a good way to show how to balance the Federal budget...

Of course, deficits don't matter, so what would we know?

[Yael]

2. Wait -- she lied and misrepresented her numbers on Government forms?

:rofl:

[Yael]

3. I hope President Obama schedules Team Clinton for annual IRS audits

[psychmommy]

4. why does everyone keep pushing this $10 million

allegedly raised on the internet. no proof just bs. when the #'s come out so will the truth but the lie will already be out there. plus she would owe it to pay her debts. how much could she use toward the primary. if it is her big $ donors-that 4 can only go to the presidential run. lies and spin.

[C_U_L8R]

5. shhhhhhh.... she doesn't need any more money

in fact.. she's rollllllling in dough. Save your donations for a good cause.
Yeah that's the ticket : - ))))

[psychmommy]

6. yeah, that's the ticket, hahaha

[roseBudd]

7. Her maxed out donors are donating to GE but if she doesn't get nom they are out 0$

She pulled that last month when her trumpeted numbers included money she can't use for primary