Hillary Clinton officially “suspended” her campaign for the presidential nomination today, effectively ending one of the most grueling primary battles in recent history. Clinton made the announcement in Washington, D.C., urging her supporters to get behind Barack Obama to show unification and solidarity in the upcoming run against Republican nominee John McCain.
Clinton leaves the campaign trail with staggering debts amounting to some $20 million — $11.4 million of which was from her own money. Early indications are that the Obama camp will make an effort to help Clinton pay down (“retire”) her debts before the Aug. 25-28 Democratic National Convention, after which time she’d be able to recover no more than $250,000 of that money. Yikes!
At any rate, the 16-month Democratic primary is now at an end, and the next Presidential election will come down to John McCain and Barack Obama. Will Obama ask Hillary to be his VP running mate? Only time will tell!
Here’s an excerpt from Clinton’s concession speech:
The way to continue our fight now – to accomplish the goals for which we stand – is to take our energy, our passion, our strength and do all we can to help elect Barack Obama the next President of the United States.
Today, as I suspend my campaign, I congratulate him on the victory he has won and the extraordinary race he has run. I endorse him, and throw my full support behind him. And I ask all of you to join me in working as hard for Barack Obama as you have for me.
Click here to get the full text of Hillary Clinton’s concession speech from her website.