Wednesday, February 6, 2008 at 3:43 pm
The Clintons Put Their Money on the Line
That Mark Halperin has good instincts -- or good sources. Or both.This morning, he floated the idea that the Clintons might have reached the point of having to begin financing her campaign themselves. This afternoon, spokesman Howard Wolfson confirms it:
“Late last month, Senator Clinton loaned her campaign $5 million. The loan illustrates Sen. Clinton's commitment to this effort and to ensuring that our campaign has the resources it needs to compete and win across this nation.
“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.”
It's not a good sign, but also, not necessarily a bad move when you are up against a primary opponent who seems to have an unlimited money spigot. See: Kerry, John and McCain, John
UPDATE: A number of our commenters wonder whether this $5 million loan is part of the $13.5 million that Clinton Chairman Terry McAuliffe had previously announced for January, or in addition to it. A campaign official tells me that this is in addition to the $13.5 million.
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