| This is not exactly the kind of news that inspires confidence in a campaign that was outraised almlost 3-1 last month and faces a grueling road ahead, one that could very well lead all the way to the convention itself.
Hillary Loaned Her Campaign $5 Million, Spokesperson Confirms
This morning, Mark Halperin floated an intriguing question: Are the Clintons financing Hillary's campaign with their own money?
Now the Clinton campaign has finally answered: Yes, they are. Hillary spokesperson Howard Wolfson sends over the following:
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.
The revelation suggests another emerging dynamic in the race: Now that the campaigns are committed to grinding it out for weeks and weeks, perhaps all the way until the convention. The Hillary camp faces the prospect of being dramatically outspent by the Obama campaign, which has enjoyed huge fundraising success.
If the race between Hillary and Obama is indeed a long hard slog to Denver, this should certainly raise some questions about Clinton's ability to compete long term. |
