Dems Expect Fundraising Decline

Only consolation: GOP will probably do much worse
By Katherine Thompson,  Newser Staff
Posted Jan 26, 2009 12:11 PM CST
Obama's success has been great for Democrats, but his popularity and the power of his online fundraising system could spell emptier congressional coffers.   (AP Photo)
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(Newser) – The economic slowdown is having its expected effect on Democratic fundraising, and the added effects of “donor fatigue” and the magnetic force that draws campaign cash to Barack Obama could leave them pinched for the next election cycle, Politico reports. But things could be worse—like they are for Republicans.

The biggest donors, say insiders, are rich enough that they still have plenty to give even after their fortunes have dwindled. More worried than the fundraisers, however, are conservative Blue Dog Democrats, who fear the Obama team will wield its wallet to get them reelected, then pressure them into voting for measures that will turn their constituents against them.