Hillary Clinton Reveals Family Was ‘Dead Broke’ After Clinton Presidency
If you want to get Hillary Clinton to make a public speech at your next event, be prepared to pay $200,000 along with travel expenses. It’s a price tag that may sound reasonable to a lot of people considering that Rodham-Clinton is a former Secretary of State, a former Senator and a former First Lady of the US. But during an interview with Diane Sawyer of ABC News, Clinton delivered another shocker saying her family struggled financially after husband, Bill Clinton’s presidency ended. She noted:
“We came out of the White House not only dead broke, but in debt,” she says. “We had no money when we got there, and we struggled to, you know, piece together the resources for mortgages, for houses, for Chelsea’s education. You know, it was not easy.”
She went on to tell Sawyer that she believed making public speeches for a monetary fee would be a better profit than becoming involved with corporations. “Let me put it this way, I thought making speeches for money was a much better thing than getting connected with any one group or company as so many people who leave public life do,” she says.
She’s spoken at big business events, like one at Goldman Sachs but waives her fee for charitable organizations/events such as the United Methodist Women Conference that took place in Kentucky.
The financial woes of the Clintons were publicized in 2001; TIME reports the Clintons earned $16.1 million that year but the majority of it was from President Clinton’s speaking and author payments. Clinton applauds her husband’s work ethic during that strenuous time: “Bill has worked really hard—and it’s been amazing to me—he’s worked very hard. First of all, we had to pay off all our debts, which was, you know, he had to make double the money because of obviously taxes and then pay off the debts and get us houses and take care of family members.”
For more of Clinton’s candid interview, where she shares thoughts on the 2016 elections and Monica Lewinsky, see below. And you can watch the full interview tonight.