Bill Clinton Works To Retire Hillary’s Campaign Debt

May 11, 2010 11:05am

ABC News’ David Chalian Reports:  It is nearly two years since Hillary Clinton ended her historic bid for the presidency and conceded to defeat to Barack Obama. But the bills still need to be paid. The Hillary Clinton for President campaign is offering anyone who donates at least $5 over the course of the next week a chance to be selected to fly to New York and spend the day with Bill Clinton. “Hillary's campaign still has a few vestiges of debt that I know she would like to see paid in full. Will you reach out today to help Hillary this one last time?,” Bill Clinton asks his wife’s campaign supporters in an email appeal. As of April 1, the Clinton presidential campaign had $623,740.13 in the bank according to the latest campaign finance reports filed with the Federal Election Commission.  However, the committee also reported $771,000.00 remaining in debts and obligations. On March 31, the Clinton campaign was still paying money owed to her pollster and chief strategist Mark Penn.  His polling firm received $74,500 in payments at the end of the last filing period which was probably 22 months after he last conducted a poll for the campaign. Secretary of State Clinton has already written off the $13.2 million she personally invested in her campaign.  This fundraising drive is not about getting that money back.  It is simply focused on retiring the outstanding debt and the costs associated with unwinding a huge presidential campaign organization. President Clinton participated in a similar fundraising drive several months ago.  “We talked about how Hillary's doing as Secretary of State and the current state of the world, and about the work of my foundation,” Clinton said of his day with his wife’s campaign supporter. “I had such a good time that I'd like to do it again,” he added.

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