Premium
This is an archive article published on June 26, 2008

Obama asks donors to help Clinton with debt

Democrat Barack Obama on Tuesday asked his finance team to help Hillary Rodham Clinton pay off a debt of at least $10 million from her failed presidential campaign...

.

Democrat Barack Obama on Tuesday asked his finance team to help Hillary Rodham Clinton pay off a debt of at least $10 million from her failed presidential campaign, setting the stage for joint appearances by the two former rivals later in the week.

In a teleconference with his top fundraisers on Tuesday afternoon, Obama asked them to do what they could to help Clinton, according to two Democrats familiar with the call. A campaign spokesman confirmed that Obama had asked them to help the former first lady.

“Some of our donors have asked and Barack said if they have the ability to raise or give money to help on debt, we encourage them to do so,” spokesman Robert Gibbs said.

Story continues below this ad

Obama’s green light to his money bundlers came two days before he and Clinton were scheduled to meet in Washington with some of her top fundraisers in a show of unity after their bruising contest for the Democratic presidential nomination. On Friday, the two planned to campaign together in New Hampshire.

Obama clinched the nomination earlier this month; Clinton suspended her campaign and endorsed him.

The former first lady reported a $22.5 million debt at the end of May, more than half of which was a personal loan to her presidential campaign. Clinton, in a call to her top fundraisers last week, said she would concentrate on paying off money owed to vendors, not her personal loans.

Obama’s finance team has expanded since he secured the nomination earlier this month, providing a broad base of potential assistance to Clinton. At least 200 fundraisers attended the campaign’s national finance meeting in Chicago last week. Scores were unable to attend, one participant said.

Story continues below this ad

In urging his top fundraisers to help Clinton, Obama was counting on them to seek out their pool of donors to raise the money in large increments. Donors who have not contributed to Clinton’s campaign could give up to $2,300 to help her pay off her debts.

Latest Comment
Post Comment
Read Comments
Advertisement
Advertisement
Advertisement
Advertisement