Tuesday, July 31, 2012

Obama plans fundraising spree

President Obama will host a series of high-dollar fundraisers in the coming weeks and is expected to add more events than usual after the Democratic National Convention.
The string of upcoming events reflects deep worry in Chicago about competing with the tidal wave of cash being raised by outside groups aimed at electing Mitt Romney.
The impetus for more and more big fundraisers just 98 days before the election is also in stark contrast with where Obama was in his matchup against Sen. John McCain (R-Ariz.) in 2008, when he had a substantial financial advantage fueled by individual donations.
Obama has spent a considerable amount of time fundraising in recent days.
On Monday afternoon, he flew to New York to attend a fundraising dinner with 60 attendees at a cost of $40,000 per person. The trip came on the heels of high-dollar fundraisers in Washington, D.C. and Virginia on Friday, after a week of attending several fundraisers on the West Coast — including the campaign’s honey pot in Northern California.
Romney has also continued to attend his fair share of fundraisers, including two check-collecting stops in England and Israel.

Read more: http://thehill.com/homenews/campaign/241171-anxious-obama-plans-fall-fundraising-spree

No comments: