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Hillary Clinton: Bill and I charge enormous speaking fees because we left the White House 'dead broke'

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Beltway Confidential,Opinion,ABC,Hillary Clinton,Bill Clinton,2016 Elections,Campaigns,Media,Television,Becket Adams

Former President Bill Clinton and his family were “dead broke” when they left the White House in 2001, according to former Secretary of State Hillary Clinton.

In fact, she explained in an interview with ABC News' Diane Sawyer, the family was so broke and in debt that she and her husband decided to charge enormous public speaking fees, generating millions of dollars in personal wealth.

"We came out of the White House not only dead broke, but in debt," Clinton told Sawyer, adding that they had racked up substantial legal fees while in the White House. "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.

"Bill has worked really hard — and it's been amazing to me — he's worked very hard. First of all, we had to pay off all our debts, which was, you know, he had to make double the money because of obviously taxes and then pay off the debts and get us houses and take care of family members,” she added.

Note: “Houses.” Plural.

"Let me put it this way," Clinton said. "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."

Hillary reportedly pulls in about $200,000 per speaking engagement.

Still, Hillary said, she has managed to squeeze in a few free speaking engagements since her husband vacated the White House premises 13 years ago.

"I happen to have given lots of free speeches," Clinton said in the ABC News interview.

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