Thursday, June 5, 2008 - Page updated at 05:50 PM
E-mail article
Print view Share:
Digg
Newsvine
Clinton expected to look to Obama for help on debt
Associated Press Writer
Presidential Election 2008
In politics, money talks. And money is likely to be an important factor in discussions between Barack Obama's advisers and the debt-saddled Hillary Rodham Clinton campaign.
Clinton will likely seek help from Obama in retiring her massive campaign debt, which has swollen to more than $30 million, including $11 million she lent the effort, advisers said Thursday.
The former first lady, who plans to bow out of the race and endorse Obama on Saturday, told donors she will raise money for Obama's campaign, both to help the Democratic Party's cash position and to expand the Illinois senator's prodigious fundraising base. Her advisers estimate the former first lady could bring in $50 million to $100 million for the general election campaign - and much more if she were named Obama's running mate.
The advisers spoke on condition of anonymity because they were not authorized to discuss the matter publicly.
Clinton hosted a conference call Thursday with her national finance committee, urging them to shift gears and begin raising money for Obama and for the Democratic National Committee, which will be coordinating fundraising efforts with the Obama campaign.
DNC Chairman Howard Dean has already reached out to some major Clinton fundraisers, urging them to put aside any lingering bitterness over the primary and come aboard to help Obama. Dean dined with several top donors in Boston on Wednesday night.
"He clearly made the case to this group of people that he needed them very badly and asked for our willingness to reach out and join up with the campaign as soon as possible," said Steve Grossman, a former DNC chairman and a Clinton supporter.
But in return, the group had asked Dean to relay to the Obama campaign "how very focused they are on Hillary being on the ticket," Grossman said.
Earlier this week, Clinton's national finance chairman, Hassan Nemazee, said he was also pushing an Obama-Clinton ticket, claiming that together they would be able to raise $200 million to $250 million for the general election.
Copyright © 2008 The Seattle Times Company
Seattle may allow homeowners to build backyard cottages
Nuclear-arms control heads Obama's Moscow agenda
Bellevue ordinance would fine retailers for not collecting runaway shopping carts
Israel free to set own Iran path, Biden says
Saddam's gun may go on display as memento at Bush presidential library

- Landmark Smith Tower mostly vacant
- Property taxes: Appeals shoot up in King, Snohomish Counties
- Palin links resignation to 'higher calling' and blasts media in Facebook posting
- Former NFL MVP McNair killed
- Hard times for tourist towns means good deals for travelers
- Shooting unveils very different sides of McNair
- Tukwila residents rally against light-rail noise
- Quincy Jones remembers "the biggest entertainer on the planet": Michael Jackson
- Confessions of an Idol Addict | "American Idols" on tour: Live coverage from opening date
- Plasma and LCD beware; OLED screens ready to go mainstream
- Property taxes: Appeals shoot up in King, Snohomish Counties
- Hard times for tourist towns means good deals for travelers
- Landmark Smith Tower mostly vacant
- Plasma and LCD beware; OLED screens ready to go mainstream
- Tent City on campus: UW stalls decision
- The People's Pharmacy | Estrogen mimicker found in sunscreen
- Toyota's Toyoda scolds execs for emulating U.S. car companies' mistakes
- Tukwila residents rally against light-rail noise
- Outdoor-theater season kicks off at Volunteer Park
- Seattle safety project: A snake shelter on Beacon Hill

