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Finance law may keep Clinton in
[Quote:]
Hillary Clinton may have a financial incentive to remain in the presidential race for a while. And she has Senator John McCain to thank for it.
Clinton has loaned her struggling campaign $11 million in recent months. A little-known provision of a 2002 campaign-finance law cosponsored by McCain prevents candidates who drop out of the race from raising money after the nominating conventions to repay themselves for personal loans.
If Clinton fails to come up with the funds by the Democratic convention in August and she fails to gain the nomination, she will be out the $11 million. If she quits before then, she may find it hard to get people to keep giving cash so she can retire her debt.
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