Clinton Senior Staff Goes Without Pay

Feb 6, 2008 7:22pm

ABC News’ Kate Snow Reports: Members of Senator Hillary Clinton’s senior campaign staff have agreed to work without pay for the month of February.  Communications Director Howard Wolfson called the move "a show of solidarity with Hillary Clinton".

Campaign Manager Patti Solis Doyle is one of those who will forego a paycheck for the month.  Solis Doyle told ABC News she offered the Senator her services for free.  She said she was not asked to take a pay cut.

Many of Clinton’s top staff, including Solis Doyle and others, have been with the Senator for more than a decade and are fiercely loyal to her.

The staff move to help the campaign save precious resources comes after a big media blitz preceding Super Tuesday — including a one hour televised interactive town hall meeting on the Hallmark Channel, which set the campaign back millions of dollars, and regular TV ads that totaled more than $8 million over a period of less than two weeks.

Recently, money managers within the Clinton campaign have said they were spending money as fast as they could raise it.

And today, it was revealed that there might have been a shortfall in January, but for a loan made by the candidate herself.

Senator Clinton reached into her own pockets to give the campaign a $5 million loan late last month.

She explained Wednesday that the loan was made out of necessity.

"I loaned the campaign $5 million from my money.  That’s where I got the money." Clinton said.  She emphasized the word "my" to make clear that the loan did not involve her husband, the former President. 

"I loaned it because I believe very strongly in this campaign.  We had a great month fundraising in January, broke all records, but my opponent was able to raise more money.  And we intended to be competitive, and we were.  And I think the results last night proved the wisdom of my investment," she said.

The Clinton campaign raised about $13 million in January, plus the $5 million loan from Senator Clinton.  The Obama campaign announced recently that it had raised $32 million last month.

With Super Tuesday behind them, the campaign faces the prospect of weeks of contests in multiple states — an unexpectedly expensive and drawn out nomination contest.

Clinton may have to consider another loan at some point.  That is not outside the realm of possibility.  Money Magazine estimated that the Clintons — Bill and Hillary — accumulated an estimated $35 million in wealth after leaving the White House.  Much of that money was earned through President Clinton’s speaking fees, book deals and other business ventures.

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