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Monday, June 23, 2014

I’m not ‘truly well off’ compared to wealthiest Americans- Hillary Clinton

Hillary Clinton claims that despite the significant wealth she and Bill have amassed since leaving the White House, they’re not “truly well off” compared to the richest of Americans.
The comments mark the second time in recent weeks that former Secretary of State Hillary Clinton has made eyebrow-raising remarks about the significant wealth she and husband Bill have earned since they left the White House.

“They don't see me as part of the problem," Clinton told The Guardian newspaper in response to a question about whether voters would see her as “credible” on the issue of income inequality, despite her vast personal wealth. “We pay ordinary income tax, unlike a lot of people who are truly well off — not to name names — and we've done it through dint of hard work.”

The eyebrow-raising comment, made during an interview with the British paper that ran late Saturday, follows another remark Clinton made about being “dead broke” after leaving the White House and could further propel the image of her being out of touch with Main Street as she continues to weigh a 2016 presidential run.

Since stepping down as Secretary of State in February 2013, Clinton has hit the lucrative public speaking circuit, reportedly charging up to $200,000 per appearance and earning upwards of $5 million in the process.

Bill Clinton reportedly often nets up to $300,000 per speech and has grossed a small fortune — between $10 million and $50 million, according to 2009 financial disclosure forms — since exiting the Oval Office.
Those astronomical earnings, however, didn’t stop Hillary from saying on national television earlier this month that the former first couple left the White House “dead broke” and unable to pay for multiple mortgages.

“We had no money when we got there, and we struggled to piece together the resources for mortgages for houses, for Chelsea’s education. You know, it was not easy,” Clinton told ABC News in nationally broadcast interview ahead of the release of her new memoir, “Hard Choices.”

“We came out of the White House not only dead broke but in debt,” she said, explaining that the family had huge legal bills to pay off due to the investigations into Whitewater and the Monica Lewinsky affair.

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