Ferraro wants Obama to pay Clinton’s debt
Geraldine Ferraro has a plan for Sen. Hillary Rodham Clinton (D-N.Y.) to recoup her sizable campaign debt: Have Sen. Barack Obama’s (D-Ill.) fundraisers pick up the tab.
After a long primary season, the Clinton campaign’s expenditures have far exceeded the amount of donations it has received so far, and the campaign has accumulated debt of more than $19 million, according to campaign finance reports. Much of that debt consists of unpaid salaries and bills to vendors.
{mosads}When questioned about Clinton fundraisers being asked to join the Obama campaign, Ferraro told The Hill, “These are the people raising hundreds of thousands of dollars. I would hope that [Obama] would do the same thing with his fundraisers to pay off Hillary’s debt.”
Ferraro, a former Democratic congresswoman from New York and the Democrats’ 1984 vice presidential candidate, strongly supported Clinton and raised funds for her.
This election, losing candidates have asked for contributions to retire their campaigns debt. Sen. Chris Dodd (D-Conn.), Gov. Bill Richardson (D-N.M.), and former New York City Mayor Rudy Giuliani (R) are engaged in such campaigns and have found help from other candidates.
Ferraro resigned from her position on Clinton’s national finance committee in March after making comments suggesting Obama’s success is due to his being black.
Ferraro said she has not been asked to raise funds for the Obama campaign.
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