Saturday, February 16, 2013

Hillary Clinton pays off 2008 campaign debt

Secretary of State Hillary Clinton has finally paid off the debt from her 2008 presidential campaign.

According to documents filed with the Federal Election Commission, Clinton paid the remainder of her debt in the last days of 2012. Clinton's campaign committee paid a total of $73,000 to polling firm Penn and Schoen on New Year's Eve, ending a debt to the firm that had, at one point, reached $5.4 million, according to CNN.

Clinton's campaign committee at one time reportedly owed $12 million to creditors and over $13 million to Clinton herself after she loaned the campaign money.

Clinton's campaign raised $158,000 in the fourth quarter of 2012 and began 2013 with $205,000, CNN also reported. Those funds can be used for future campaigns for federal office.

Observers have speculated that Clinton might run again for president in 2016. Clinton, however, has repeatedly said she plans to end her career in public office after she finishes her term as secretary of State.

"I have been on this high wire of national and international politics and leadership for 20 years," Clinton said in October. "It has been an absolutely extraordinary personal honor and experience. But I really want to just have my own time back. I want to just be my own person. I'm looking forward to that."

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