Hillary Clinton says she and husband were ‘dead broke’ leaving White House
While the couple’s joint income once stood at $416,039, the former first lady described their post-White House financial situation as dire
Hillary Clinton, the former secretary of state and wife of former U.S. President Bill Clinton, recently said in an interview that she and her husband were “dead broke” when they left the White House in 2001.
Although the Washington power couple’s joint income stood at $416,039 by the end of President Clinton’s term, Hillary described their financial situation as dire.
“We struggled to, you know; piece together the resources for mortgages, for houses, for Chelsea’s education. You know, it was not easy,” Clinton said in an interview with U.S. TV channel ABC, in an interview to air later on Monday.
Paying the bills
Clinton was defending her choice on pursuing lucrative oratorical engagements - which bring in between $200,000 to $500,000 per speech - in order to finance their multiple homes and their daughter’s education.
“Making speeches for money was a much better thing than [becoming a lobbyist or consultant for big business],” she said.
She also pointed out the large $11 million debt the couple had to pay off, most likely caused by President Clinton’s legal fees for his earlier sexual harassment case.
The interview coincides with the upcoming release of Hillary Clinton’s new memoir, entitled “Hard Choices.”
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