Hillary Clinton: We Were 'Dead Broke' Upon Leaving White House

Hillary Clinton: We Were 'Dead Broke' Upon Leaving White House

In an interview with ABC's Diane Sawyer slated to air Monday night, Hillary Clinton revealed that she and former President Bill Clinton were "dead broke" when they left the White House.

During one of their last years in the White House, the Clintons reportedly earned $416,039, the New York Daily News reports, citing the couple's 1999 federal income tax return. But apparently that was not enough to cover their debts and their daughter's education.

“We came out of the White House not only dead broke, but in debt," Clinton told Sawyer. “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.”

According to Mother Jones, just before she left the White House as first lady, Hillary was given an $8 million advance for her memoir Living History. The couple had also purchased two homes, one in Washington, D.C., and another in Chappaqua, New York, Time reports.

Speaking engagements and books deals quickly began bringing in money. From from 2000 to 2007, the couple earned more than $109 million, according to an NPR report. A large portion of that income came from Bill's speaking engagements. Since leaving the White House, the former president reportedly has earned $106 million from speaking fees, a 2013 CNN report notes.

In the last 15 months since Hilary left her post as secretary of state, she has made $5 million from a pricey speaking circuit.

When asked how the American public might view her hefty price tag for speaking appearances (reportedly $200,000 apiece), Hillary told Sawyer, “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.”

Diane Sawyer's full interview with Hillary Clinton airs June 9 at 9 p.m. ET on ABC. Watch a portion of the appearance below.

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Hillary Clinton

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