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2008.02.21

Hillary finished January in debt

Not even counting the $5 million Hillary Clinton loaned herself, the former First Lady finished the opening month of 2008 in the red:

Hillary Rodham Clinton ended January with $7.6 million in debt — notincluding the $5 million personal loan she gave to her campaign in therun-up to the critical Super Tuesday elections, according to financialreports released Wednesday.

In contrast, Democratic rival Barack Obama’s campaign’s finances continued to be robust.

He reported raising nearly $37 million and spending nearly $31 million.His cash balance was $25 million, of which roughly $20 million can bespent on the primary. He reported a comparatively small $1 million indebts, owed largely to just three vendors.

She can no longer rely on lobbyists to help her campaign because many of them might think she will lose anyway.  Why donate to a losing cause?

As far as Obama is concerned, he is closing in on one million donors.

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