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  Hillary raises 5.6 Mio. in first quarter of 09, still owes 2.3 Mio. to Mark Penn
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Author Topic: Hillary raises 5.6 Mio. in first quarter of 09, still owes 2.3 Mio. to Mark Penn  (Read 1102 times)
Tender Branson
Mark Warner 08
Atlas Institution
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Posts: 53,573
Austria


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« on: April 15, 2009, 11:43:41 pm »

In the first three months of the year, Hillary Clinton paid off $3.7 million in bills left over from her failed presidential campaign, according to a report her campaign filed Wednesday afternoon with the Federal Election Commission.

The report shows that Clinton has only one vendor left to pay off: pollster Mark Penn. Her campaign paid his firm $3 million in the first quarter, but still owes it $2.3 million.

The filing also reveals that the campaign brought in $5.6 million between January 1 and March 31, an impressive sum given that Clinton has relied on surrogates to raise money to pay off her debts since January, when she was confirmed as secretary of state for her Democratic primary rival, President Barack Obama.

Ethics rules and tradition restrict diplomats from engaging in partisan political activity, including raising cash to pay off the debt.

Though Clinton had $2.6 million in the bank at the end of March, she couldn't use that to pay off the remainder of the Penn debt because her campaign operation still has overhead costs it needs to pay.

For instance, in the first quarter, the campaign paid $9,400 in salary to staffers in New York and Washington, plus $2,300 in phone services, $7,000 for website maintenance and $30,000 in travel costs.

http://www.politico.com/news/stories/0409/21298.html
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