Hillary's $5 million loan
Posted: Wednesday, February 06, 2008 3:47 PM by Mark Murray
From NBC's Andrea Mitchell
Breaking news, just in time for Clinton's press conference at 4:00 pm ET: Clinton loaned her campaign $5 million late last month to remain competitive financially with Obama.
Said communications director Howard Wolfson in an email to NBC News: "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."
VIDEO: At her campaign headquarters in Arlington, Va., Sen. Hillary Clinton comments on the Feb. 5 primary results and tells reporters she has donated $5 million of her own money to her campaign. *** UPDATE *** Per NBC's Andy Merten, Clinton said at her press conference today: "I loaned the campaign $5 million from my money. That’s where I got the money. I loaned it because I believe very strongly in this campaign. We had a great month fundraising in January, broke all records, but my opponent was able to raise more money. And we intended to be competitive, and we were. And I think the results last night proved the wisdom of my investment."
