Clinton Lends Her Campaign $5 Million
WASHINGTON (AP) — Hillary Rodham Clinton loaned her campaign $5 million late last month as Barack Obama outraised and outspent her in the Democratic presidential race.
"The loan illustrates Senator Clinton's commitment to this effort and to ensuring that our campaign has the resources it needs to compete and win across this nation," Clinton spokesman Howard Wolfson said.
Obama, riding a wave of fundraising both from large donors and small Internet contributors, collected a stunning $32 million in January. Clinton campaign chairman Terry McAuliffe said the Clinton campaign raised only $13.5 million for the month. The $5 million was in addition to that amount, Wolfson said.
On Wednesday, the Clinton campaign set a new goal of raising $3 million over the next three days through the Internet.
"We have had one of our best fundraising efforts ever on the Web today and our Super Tuesday victories will only help in bringing more support for her candidacy," Wolfson said.
"The loan illustrates Senator Clinton's commitment to this effort and to ensuring that our campaign has the resources it needs to compete and win across this nation," Clinton spokesman Howard Wolfson said.
Obama, riding a wave of fundraising both from large donors and small Internet contributors, collected a stunning $32 million in January. Clinton campaign chairman Terry McAuliffe said the Clinton campaign raised only $13.5 million for the month. The $5 million was in addition to that amount, Wolfson said.
On Wednesday, the Clinton campaign set a new goal of raising $3 million over the next three days through the Internet.
"We have had one of our best fundraising efforts ever on the Web today and our Super Tuesday victories will only help in bringing more support for her candidacy," Wolfson said.
posted by BP News Bureau | 4:15 PM
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