* Clinton's debt includes $10 million to herself.
There has been some interest among reporters recently about Sen. Clinton's debt. The debt reported to the Federal Election Commission was $19,480,893 as of April 30. This included $10,000,000 in loans the candidate made to the campaign and the remainder in debts to others, most of whom were vendors.
Since the "Millionaire's Amendment" to the Bipartisan Campaign Reform Act of 2002, everything above $250,000 in candidate self-loans must be repaid by the date of the relevant election, or else be converted to gifts. The election, in this case, will be the date on which a party's presidential candidate is nominated.
Sen. Clinton's debts to her vendors were about $840,000 less than they were at the end of March. The largest vendor debts were to the political consulting firms of Penn, Schoen and Berland ($4.8 million); MSHC Partners ($956,409) and Grunwald Communications ($695,379). She is continuing to purchase services and make payments to these vendors. Penn, Schoen and Berland billed the campaign for $3.3 million during the month of April and received $3.1 million in payments; Grunwald Communications billed $860,767 and received $693,867; MSHC Partners billed $44,725 in April and received payments of the same amount. The remaining $3 million in debt is owed to a total of more than 150 creditors.
Table 1: Presidential Candidates' Fundraising Activity, April 1 - 30, 2008 (Active Candidates).
Table 2: Presidential Candidates' Fundraising Activity, Jan. 1, 2007 through April 30, 2008 (All Candidates).
Table 3: Presidential Candidates' Primary Money Raised and Spent, Jan. 1, 2007 through April 30, 2008 (Active Candidates).
Table 4: Past Presidential Candidates' Fundraising: January 1, 2003 - April 30, 2004 and January 1, 1999 - April 30, 2000 (All Candidates).