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Hillary Goes Further In Debt

Yesterday, Hillary filed her FEC money report for the period ending Mar 31,2008.

Her fundraising has dropped dramatically (from 34.5 in February to 20.1 million in March)

Her debts have increased (now 10.3M owed to vendors vs 8.7 the month before)

She is again spending more than fundraising (spending 2 million more in March than she took in)

And now, even if she writes off her 5 million loan (easy to do when you make 20M+ a year), her cash on hand minus debts owed vendors minus money only spendable in a general election (in the unlikely case she makes it that far) are now at least a half-million in the red.

As a business, she would have to either declare bankruptcy or put more of her money in. But as a political organization, I guess not paying bills and running a deficit is just same old same old politics.

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