May 9, 2008...8:07 am

Holy Crap, Hillary Could Lose $11 Mil!

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Wow. From the US News and World Report:

“Experts disagree on whether or not Clinton will actually stick in the fight until the Democratic National Convention in August. But the date looms large for another reason — at least, if she hopes to recoup any of the millions she has sunk into the campaign. Thanks to a little-known provision in 2002’s McCain-Feingold campaign-finance reform bill, a campaign must repay the loan to a candidate before Election Day. In this case, that’s the nominating convention. After the election has passed, a bankrupt campaign is limited to gathering just $250,000 from contributors, which means that modest sum is all it can give back to a candidate. In short, Clinton stands to lose $11,150,000.”

Take heart Hillary, according to that rule Romney stands to lose $60 mil.

H/T to Political Wire

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