As Dust Settles From Ind., N.C., Clinton Lends Her Campaign $6.4M
May 8, 2008
A campaign aide tells news agencies that Sen. Hillary Clinton, D-N.Y., loaned herself $6.4 million in the past month, as Clinton and Sen. Barack Obama, D-Ill., consider their next steps after primary contests in Indiana and North Carolina.
News of the loan, the second she has given to her camp — she loaned her campaign $5 million earlier this year — comes as Clinton struggles to stay financially afloat in the grueling Democratic race against Obama, who beat her easily in North Carolina Tuesday while Clinton nabbed a close win in Indiana.
“Obama has routinely outspent her in primary after primary,” the Associated Press reported. “Clinton’s campaign reported raising $10 million online after her victory April 22 in Pennsylvania. But Obama has shown little difficulty tapping his vast network of donors. He spent more than $7 million on advertising head of Tuesday’s primaries in North Carolina and Indiana to her nearly $4 million.”
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