Mar 14, 2001 · Clintons Owe $4M In Legal Fees. Former President Clinton and Hillary Rodham Clinton owe lawyers nearly $4 million, and an official of the former first family's legal defense fund said Wednesday he...
Jun 09, 2014 · Clinton says that she and her husband, former President Bill Clinton, left the White House in debt, and needed the speaking fees they both earned in order to pay those debts.
Technically, Bill and Hillary Clinton were in debt when they left the White House. Financial forms filed for 2000 show assets between $781,000 and almost $1.8 million -- and liabilities between $2 ...
Jun 11, 2014 · When they re-entered private life in 2001, Bill and Hillary were in debt to the tune of $5 million. Most of that debt was wracked up in legal fees that were used to …
After he left office, he continued to be active in the public sphere, touring the world, writing books, and campaigning for Democrats, including his wife, Hillary Clinton, who served as the junior U.S. senator from New York between 2001 and 2009 and the 67th United States Secretary of State between 2009 and 2013, on ...
William Jefferson Clinton (né Blythe III; born August 19, 1946) is an American politician who served as the 42nd president of the United States from 1993 to 2001. He previously served as governor of Arkansas from 1979 to 1981 and again from 1983 to 1992, and as attorney general of Arkansas from 1977 to 1979.
Hillary ClintonFirst Lady of the United StatesIn role January 20, 1993 – January 20, 2001PresidentBill ClintonPreceded byBarbara Bush41 more rows
74 years (October 26, 1947)Hillary Clinton / Age
January 20, 1993 – January 20, 2001Bill Clinton / Presidential term
Presidential age-related dataNo.PresidentLifespanAge41George H. W. Bush94 years, 171 days42Bill Clinton75 years, 245 days43George W. Bush75 years, 289 days42 more rows
48 years (July 23, 1973)Monica Lewinsky / Age
List of presidents by peak net worthNameNet worth (millions of 2016 US$)Political partyJames Madison113Democratic-RepublicanLyndon B. Johnson109DemocraticHerbert Hoover83RepublicanBill Clinton75Democratic41 more rows
60 years (August 4, 1961)Barack Obama / Age
3 billion USD (2022)Donald Trump / Net worth
Even though she had not yet reached the Constitutionally mandated age of 35 to serve as President, Victoria Woodhull is still regarded as the first female presidential candidate.Jan 25, 2021
In his final year of office, Bill Clinton was paid a salary of $200,000. When he and Hillary left the White House in January 2001, they reported their net worth to be in the $1 million range. The vast majority of this net worth came from her pension account. (Side note – in most states, pensions are protected from bankruptcy filings).
The Paula Jones case reportedly ended with the Clintons paying her an $850,000 out-of-court settlement.
Earlier this week, Hillary Clinton made a somewhat shocking revelation during an ABC interview. During the interview, Hillary admitted that when she and Bill left the White House in 2001, they were not only dead broke, but were drowning in millions of dollars worth of debt and legal bills. Hillary, who is usually fairly guarded about her personal life, is speaking to the press to promote her newly released memoir "Hard Choices", for which she reportedly received a $14 million book advance. That's enough to be the second biggest book advance of all time. Who holds the record for the biggest book advance ever? Bill Clinton. He received $15 million for his 2004 autobiography "My Life". In case you are bad at math, that means the Clintons earned nearly $30 million for writing two books. And if that's not crazy enough, book advances account for just a small portion of the Clinton money machine. Bill and Hillary may have been broke when they left the White House, but the days of worrying about money are long gone. This is how they managed to turn their fortunes around so dramatically…
The disclosure document (which is all that was available on the CRP site) indicates that the couple accepted a $2.6 million gift from the Clinton Legal Expense Trust, which helped pay down those costs.
While the Clintons reported continued legal debt, there's an important note in the 2003 disclosure: Two of the three firms still owed money had been fully repaid by year's end.
The New York Times reported that the Clintons put $855,000 down on the Washington house, for instance.
Hillary Clinton herself did quite well in 2001. The book publisher Simon and Schuster paid her $2.84 million in royalties. By 2004, the Clintons had erased their debts and Hillary Clinton was ranked the 10th-wealthiest member of the Senate, with a net worth between $10 million and $50 million.
Mittendorf compared the Clintons to a medical school graduate saddled with huge debts but with the prospect of a very hefty income down the line. "While one can claim to be technically broke, creditors wouldn't take it as such as long as future income streams could cover the liabilities," Mittendorf said.
In 1999, they bought a five-bedroom home in Chappaqua, N.Y., for $1.7 million.
Hillary Clinton says she and Bill were 'dead broke'. Hillary Clinton is walking the line between being remarkably successful and yet still in touch with the lives of ordinary people. The former secretary of state and potential 2016 presidential candidate has found herself trying to limit blowback to her claim that she and husband Bill were "dead ...
Under Clinton, federal debt grew $1.49 trillion. "The debt is the nation’s accumulated annual deficits over all the years," Ellis wrote. "Even though Clinton had some surpluses, the accumulated deficits were more in excess of that.". Under Bush, the federal debt increased $4.30 trillion.
Under Bush, the federal debt increased $4.30 trillion. Under Obama, it grew another $8.95 trillion. It's too soon to say the final figure for Trump. But so far, under his administration, federal debt has increased about $7 trillion, per USA TODAY.
By the time he left in 1993, the deficit had grown over $100 billion to $255 billion. That was the baseline for President Bill Clinton, who entered the White House in 1993. By the time he exited, there was a $128.2 billion surplus. That was the starting point for President George W. Bush, who took over the White House in 2001.
By the time he left the White House in 1977, the deficit had grown to $53.7 billion. That was the starting point for President Jimmy Carter when he entered the White House in 1977. By the time he left in 1981, it had grown to $78.9 billion.
President Richard Nixon entered the White House in 1969. At the time, there was a $3.2 billion surplus. By the time he resigned in 1974, there was a $6.1 billion deficit. That was the baseline for President Gerald Ford, who took over in 1974.
That was the starting point for President Donald Trump, who came to the White House in 2017. By the time Trump leaves in 2021, there will be a $966 billion deficit, according to estimates from the Office of Management and Budget.
That was the baseline for President Ronald Reagan when he entered the White House in 1981. By the time he exited in 1989, the deficit had doubled to $152.6 billion. That was the starting point for President George H.W. Bush, who entered the White House in 1989.
Keep in mind that fiscal years begin Oct. 1, so the first year that can be counted as a Clinton year is fiscal 1994. The appropriations bills for fiscal years 1990 through 1993 were signed by Bill Clinton’s predecessor, George H.W. Bush. Fiscal 2002 is the first for which President George W.
A deficit occurs when the government takes in less money than it spends in a given year. The debt is the total amount the government owes at any given time. So the debt goes up in any given year by the amount of the deficit, or it decreases by the amount of any surplus. The debt the government owes to the public decreased for a while under Clinton, ...
But even under accrual accounting, the annual reports showed surpluses of $69.2 billion in fiscal 1998, $76.9 billion in fiscal 1999, and $46 billion for fiscal year 2000. So even if the government had been using that form of accounting the deficit would have been erased for those three years. – Brooks Jackson.