Text Only
Search

Obama Asks Finance Team to Help Clinton Pay Off Debt

25 June 2008

Democratic presidential candidate Barack Obama listens during a meeting of Democratic Governors at the Chicago History Museum in Chicago, 20 June 2008
Democratic presidential candidate Barack Obama
Democratic presidential candidate Barack Obama has asked his finance team to help Hillary Clinton pay off $10 million in debt incurred during her campaign against him.

The Illinois senator's request Tuesday sets the stage for a meeting with his former rival on Thursday, when Senator Clinton will introduce Obama to her top fundraisers.

Obama and Clinton are scheduled Friday to campaign together for the first time.  Clinton suspended her bid for the party's nomination earlier this month after a long and divisive fight.  She reported more than $22 million in debt at the end of May.

Also Tuesday, Obama tapped two key fundraising sources, days after opting out of using public funds for his general election campaign against the presumed Republican nominee, Senator John McCain.

Obama attended a gala with Hollywood celebrities in Los Angeles, California and also appealed for small donations from his Internet base of supporters.

Candidates who take the $84 million in public funding cannot raise money from donors, but those who forgo public funding are free to raise an unlimited amount of private funds.

McCain campaigns in Las Vegas, in the western state of Nevada Wednesday to address energy issues for a second straight day.



Some information for this report was provided by AP.

 

emailme.gif E-mail This Article
printerfriendly.gif Print Version

  Related Stories
McCain Pushes for Lower Auto Emissions; Obama Takes on Oil Speculators
Obama Proposes Crackdown On Oil Speculators
Obama, McCain Release May Fundraising Figures
 
  Top Story
Afghanistan Fighting Kills 2 US Soldiers, 30 Militants

  More Stories
Biden Celebrates US Independence Day with Troops in Iraq
New US Offensive in Southern Afghanistan Puts Pakistani Military on Alert
North Korea Test Fires Short Range Missiles  Audio Clip Available
Top Iran Hardline Paper Calls for Mousavi Treason Trial  Audio Clip Available
US Republicans Call for Stronger Position on Iran
UN Chief Rebukes Burma's Leaders
Americans Gear Up for July 4 Holiday
OAS to Vote on Suspending Honduras
Palin Resigning as Alaska Governor
Obama Prepares for Russia Summit, G8, Africa Visit  Audio Clip Available
Putin: US-Russia Ties Will Improve if US Halts Missile Defense Plans
Australia's Aborigines at Risk as Swine Flu Outbreak Escalates  Audio Clip Available
Michael Jackson Memorial Planned for Fans, Family Tuesday