Clinton's $20M Debt Confirmed By Recent Financial Report

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There is a sheer irony that can be seen in regards to the Democratic race between frontrunners Senator Hillary Clinton of New York and Senator Barack Obama of Illinois. While Clinton has gained some sizable victories over Obama in the Democratic race, she is still struggling financially. Clinton should have raised more funds due to victories in major states. However, this is not the case.

While Clinton has won major contests such as the Pennsylvania primary on April 22, her campaign has been shaken up several times. Clinton had even lost some valuable donors and fundraisers. Some of those very people have defected to the Obama camp.

Despite losses, Obama’s campaign has not suffered. At the same time, he continues to raise money. In Clinton’s case, she had to lend her campaign a few million dollars. Also, presumed GOP nominee Senator John McCain of Arizona has raised funds as well. While Obama and McCain continue raising funds, Clinton is falling into debt.

This month, Obama has raised over $37 million and McCain has raised almost $22 million. Clinton does not seem to be as lucky. It has been revealed that Clinton is at least $20 million in the red zone. The recent finance reports have confirmed the amount of debt that Clinton’s campaign is in.

However, being in debt alone will not force Clinton to drop out. While she has managed to raise funds, Clinton ended up in debt. Ultimate from what the recent financial reports show, it looks as if McCain and Obama are planning to square off against each other in the near future. At the same time, Clinton is being left behind in the dust while refusing to drop out of the race.

While Obama and McCain are raking in the dough, Hillary is losing dough.