Bonus Points for Primary Cash
<p>The Politico did a nice job today <a id="hh.i" href="http://www.politico.com/news/stories/0208/8613.html" title="combing
Jul 31, 20208.5K Shares2.8M Views
The Politico did a nice job today combing throughthe latest campaign finance reports for the Clinton and Obama campaigns.
One line about the Clinton campaign really caught my eye:
She reported a cash balance of $29 million. But more than $20 million of that is money dedicated to the general election. Her personal loan accounts for more than half of the remaining approximately $9 million, leaving just about $4 million in cash raised from donors.
The Politico went on to note that even that amount doesn’t look too good when stack up against the $7.6 million in debt the campaign faces.
The bit about money dedicated to the general election came to mind again when an invitation to a Hillary Live! event hit my inbox this afternoon. Clinton will be at George Washington University’s Lisner Auditorium on Monday night. Tickets range from $25 for general admission to $500 for platinum seating — but the invite makes clear that the campaign is looking for "Primary Funds only". Anyone who has already "maxed out" on the primary is asked to raise $150 from somebody else.
There are still lots of ads to buy and consultants to pay in this primary contest.
Camilo Wood
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Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing.
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