Here's a cool way to get out of debt most Americans probably wish they had as an option: Hillary Clinton's presidential campaign made $2.5 million this year renting out its list of supporters to Hillary Clinton's campaign for Senate, the Wall Street Journal reports today, following up on last week's Politico item. That's enough to pay back the $2.3 million the campaign still owes to her campaign strategist Mark Penn.
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Clinton's now-dormant political action committee, Hill PAC, also paid $822,000 to rent the list, and the William J. Clinton Foundation paid "more than $274,000" to rent the list. Why the sweetheart deal for her husband? Maybe it wasn't as valuable to an entity that already has a 2,922-page list of its own. The campaign tells the Journal the prices were set by outside appraisers. It made another $1 million renting out the list to 18 other customers, which paid an average of $50,000 apiece.
The significance of this, apart from "campaign finance is complicated," according to the Journal, is that Hillary is "holding onto" the list in "part of a plan that looks to retain an element of [her] political operation while she serves as secretary of state."