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Clinton loans $5 million to keep campaign afloat
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As the Democratic presidential candidates hunkered down for a lengthy—and costly—war of attrition for the nomination, aides to Hillary Clinton revealed Wednesday that she dipped into her personal fortune last month to lend the campaign $5 million, signaling potential financial vulnerability for her bid.
Clinton’s campaign also disclosed that several senior staff members, including her campaign manager, were voluntarily working without pay.
At the same time:
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Democratic presidential candidate Barack Obama raised almost $6 million after the Feb. 5 voting contests, all of which came from online donations.
And Bill Clinton, just a short time ago:
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And he implied that he would not use his own funds to support his wife’s candidacy.
“For example, they say you couldn’t stop me from spending all the money I’ve saved over the last five years on Hillary’s campaign if I wanted to, even though it would clearly violate the spirit of campaign finance reform,” he said.
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