Will Obama pay Hillary's debt?
Many of Obama's grassroots and netroots backers appear to be somewhere between concerned and irate at the thought that the Obama for America campaign might step in to lend a hand to get Clinton out of a financial hole -- and out of the race...And further outraged that skunk Mark Penn would be standing in line with his hand out, as Clinton reportedly owes Penn a very large sum.From the FEC:
According to an associate of mine who decided to call the FEC for the straight scoop asked their opinion of the situation. Here are the relevant facts, quote from the email I got earlier today:
"I just called the FEC to get some clarification. (Nothing like going to the source.)Now I'll be the first to admit it's not carved in stone since it was a verbal exchange, but it seems to suggest there are some real limits to just how magnanimous Obama can be financially regardless of his willingness to make gestures in the pursuit of party unity.If Obama wants to help Hillary with her debts, he has to do it with a separate funding program."
- Obama can only donate $2300 to Hillary's campaign. [Ed: Michelle Obama could, also, bringing the total to $4600 obviously]
- He can donate money to the Democratic National Committee (DNC), and they can donate money; that is limited to $5000.
- The DNC can pay for a variety of things, such as commercials, out of hand expenses, but that is limited to the general election.
