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Clinton's $11 million advantage

Democratic presidential hopeful Sen. Hillary Rodham Clinton, D-N.Y., Senate campaign will provide a big financial boost to her presidential bid.Manuel Balce Ceneta / AP
/ Source: The Associated Press

Democrat Hillary Rodham Clinton ended 2006 with $11 million in her Senate account, money she can transfer to the presidential bid she began in January.

Clinton won her second term as New York senator in November and announced on Jan. 20 that she would pursue the presidency, creating an exploratory committee that allows her to raise money for a White House bid.

The $11 million in her Senate account gives her a clear advantage over her Democratic rivals. Illinois Sen. Barack Obama had about $500,000 in his account, Sen. Chris Dodd of Connecticut had some $5 million that he could transfer and Sen. Joe Biden of Delaware had about $3 million.

Senators and House members can transfer money they've raised for congressional races to presidential bank account.

The New York senator also has a separate political action committee, called HILLPAC, which was down to just $31,000 by the beginning of 2007.

Between Nov. 28 and Dec. 31, Friends of Hillary raised $220,763, and HILLPAC raised $132,805, aides said.

Clinton is not required to report her fundraising for her presidential account until March 31 because she established the exploratory committee after Jan. 1.