Washington, DC, United States (4E) – Bill and Hillary Clinton were mired in debt after his presidency but both paid the bills with money they earned from doing speeches, according to the former first lady and secretary of state.
Aside from paying mortgages, houses in New York City and Washington, D.C., and daughter Chelsea’s Stanford University education, they settled the legal debt incurred during the Whitewater investigation and his impeachment, Mrs. Clinton told ABC News’s Diane Sawyer on Monday to promote her new memoir titled Hard Choices ahead of the book’s sale on Tuesday.
She added that she and her husband needed to earn more because of the tax.
Clinton said her husband worked very hard to reduce their debt. He reportedly earned more than $106 million in speaking fees from the time he left the White House in 2001 until January last year.
She did the same work after ending her stint as Secretary of State charging $200,000 per speech from businesses and trade groups. Clinton also waived her fees in some occasions like the United Methodist Women’s Conference in Kentucky.
Mrs. Clinton said doing paid speeches was better than working in a private company as what other public officials did after quitting their government jobs.