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Amid Recession, Obama to Prod Weary DNC Donors

By Harry Kimball,  Newser Staff

Posted Mar 16, 2009 4:20 PM CDT

(Newser) – President Obama is set to address a Democratic fundraiser later this month—the first such event of his presidency—but the money might not flow from donors cowed by recession and overextended after the recent election, Bloomberg reports. “Nonetheless,” said a White House deputy press secretary, “the president feels a responsibility to help Tim Kaine build a party that will be an effective force for progress,” referring to the new DNC chair.

“After an election cycle, you’re dealing with donor fatigue,” said one Congresswoman involved in House fundraising. “Then you have the added layer of difficulty of the economy really hitting people hard.” Still, the Obama wow-factor could bring the bucks regardless. “Presidential events are a lot more recession-proof than your normal fundraising activities,” one veteran said.

President Barack Obama delivers remarks at the Veterans Affairs Department.
President Barack Obama delivers remarks at the Veterans Affairs Department.   (AP Photo)
President Barack Obama.
President Barack Obama.   (AP Photo)
President Barack Obama.
President Barack Obama.   (AP Photo)
President Barack Obama.
President Barack Obama.   (AP Photo)
Virginia Gov. Tim Kaine, the new DNC chairman.
Virginia Gov. Tim Kaine, the new DNC chairman.   (AP Photo)
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COMMENTS
Showing 3 of 3 comments
BackAgain
Mar 17, 2009 6:02 AM CDT
"Gotta have that money"(music). That is what is about power and money with all of Washington. Neutron bomb is the only way to clean up D.C.
Guest
Mar 17, 2009 5:57 AM CDT
Sorry... I'm all tapped out.
Guest
Mar 16, 2009 4:22 AM CDT
Hmm...maybe he should have given some of that "extra" money after the election to Tim Kaine instead of to his staff.

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