Thursday, February 07, 2008

Clinton campaign strapped for cash

It seems rather strange to talk about a campaign being strapped for cash when it raised $13 million in a month, but unfortunately for Hillary Clinton, Barack Obama raised $32 million during the same month.
To combat that, Mrs. Clinton has loaned $5 million to her campaign and some of her top workers are going without pay:

Pressed on whether she was prepared to go beyond her initial $5 million payout, Clinton demurred and said, "I'm just going to leave it." But she is said to be weighing an additional loan.

Officials confirmed that some staffers have "voluntarily chosen to work without pay this month," including campaign manager Patti Solis Doyle - a move that echoes one by Rudy Giuliani's campaign last month when it hit the skids.

The development signaled serious problems in terms of resources, and could complicate fund-raising in the days to come as Clinton does battle in major states like Ohio, Texas and Pennsylvania.

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