Any you're about as credulous as they come....
Post# of 65628
Quote:
This is a quirk of FEC reporting.
Hillary Clinton was not actually paid this money.
Take for example, the $74,042 payment on April 13,2015. The $74,042 payment is marked as an in-kind contribution on the FEC report.
An in-kind contribution is when a person gives something of value to a campaign that is not a payment to the campaign.
In-kind contributions are reported to the FEC as both receipts and expenditures. This makes no sense, I know, but there is a reason. This is done so that the bank statement of the campaign matches their record of donations and expenses.
So when a candidate gets an in-kind contribution a dollar value is recorded as a receipt. To make the cash-on-hand ledger correct, that dollar value must also be entered as an expense so people aren't left wondering where the money went.
If anyone cares to check the actual FEC report, you will find the in-kind contribution listed in two places, as a receipt and as an expense. In both places you will find that the entry is marked as in-kind.
-- This is an in-kind contribution from Hillary to her own campaign. She was never paid back for it.
Also, THE FREE BEACON IS RIGHT-WING CRAP.