Despite Raising $22 Million In April, The Hillary Campaign Is In The Red
Okay, here's some more detail on Hillary's fundraising numbers for April. The $22 million they announced raising for last month doesn't tell the story.
The bottom line: The Hillary campaign is in the red right now.
Here's the rundown. The Hillary campaign confirms to me that when you factor in Hillary's expenditures, right now they have $6.7 million in cash on hand for use in the primary.
Meanwhile, Camp Hillary's current filing shows that they're over $19 million in debt.
So it would appear that the Hillary campaign is over $11 million in the red right now. It's not quite that simple, though.
That's because, as the Hillary campaign points out, she has lent the campaign roughly $11.4 million which she doesn't necessarily have to pay back right now.
So, interpreting these numbers in the most charitable way possible for her, the campaign's debts -- not including her own loans -- are roughly $8 million.
Since that's more than the cash-on-hand she has for the primary, that means that the campaign is at best a couple million in the red.
And again, that's not including the loans to herself. By contrast, the Obama campaign has over $37 million on hand for the primary.
So that's where we are. Not a pretty picture for her. And this is certainly not something that will help make any kind of case to super-dels, to put it mildly.
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