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NEWS ABOUT: campaign fundraising

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Specter to Dem Donors: Show Me the Money

Senator's election-cycle party switch creates fundraising issues

(Newser) - Arlen Specter may have brought his years of experience in the Senate across the aisle with him, but that doesn’t mean all his donors will follow. And the timing—it’s 2010 campaign season—complicates matters, Jeanne Cummings notes for Politico. “He’s not the world’s most... More »

Democrats: $1 a Day Sends Norm Coleman Away

Groups pressure GOP holdout by funding other candidates

(Newser) - A pair of Democratic groups think the best way to get rid of Norm Coleman is by pressuring his fellow Republicans. The newly formed Progressive Change Campaign Committee, together with Howard Dean’s Democracy for America, has sent an email to more than a million addresses asking supporters to donate... More »

Blago Singled Out Senate Contenders for Cash

List shows he targeted 4 would-be senators

(Newser) - In his race to build a $2.3 million campaign war chest last year, Rod Blagojevich listed four possible candidates for President Obama's vacated Senate seat as prospective donors, the Chicago Sun-Times reports. A list of 150 names in all shows that Rep. Luis Gutierrez, billionaire J.B. Pritzker, and... More »

Recession Dents Party Coffers

Fundraising unusually low for this point in the cycle

(Newser) - With recession raging and without a campaign to attract attention, donations to both political parties have fallen, reports the Washington Post. Donations to the six major party committees are off 26% from the same period 2 years ago. “People are feeling it,” an energy executive told Rep. Chris... More »

Commerce Pick Has Fundraising Skeletons

Locke is no slam dunk: Malkin

(Newser) - President Obama's administration surely hopes Gary Locke will prove a relatively uncontroversial pick for Commerce after the messy Bill Richardson and Judd Gregg nominations. Not likely, writes Michelle Malkin, who covered Locke for the Seattle Times when he was Washington's governor. Locke, she reminds, faced a series of probes from... More »

Dems Expect Fundraising Decline

Only consolation: GOP will probably do much worse

(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... More »

100 Families Gave $100K to Obama

Rockefellers, Spielbergs among Barack's 'elite' donors

(Newser) - Barack Obama’s political efforts haven’t run purely on grassroots fuel: almost 100 families that gave $100,000 or more made up an “elite” group of repeat donors over the past 2 years, the Washington Post reports. Current donation rules make whopping contributions possible if donors distribute funds... More »

Dems Stand to Lose Clinton's Fundraising Chops

Cabinet officials usually refrain from helping other candidates

(Newser) - Democrats may lose a powerful fundraiser in Hillary Clinton when she becomes secretary of state, the Hill reports. Cabinet officials usually avoid overt campaigning for other candidates, and Clinton’s fundraising prowess and network are likely to be particularly missed: HillPAC, Clinton’s leadership political action committee, has directed more... More »

Obama Team Clogs Inboxes, Elicits Backlash

Mugs to donations, that David Plouffe emails incessantly

(Newser) - Barack Obama and his various Internet organs are hawking everything from civic engagement and disaster relief to coffee mugs and fleece scarves, causing fatigue among supporters, Politico reports. And while some are just tired of incessant emails from the likes of David Plouffe, watchers are concerned about how the president-elect... More »

Obama Raised a Record $750M

Dem's haul of $750 million dwarfs McCain funds, historical precedent

(Newser) - Barack Obama literally raised more money for his campaign than he knew what to do with. He hauled in a record $750 million over the course of the campaign cycle, reports the New York Times. When the race ended, $30 million remained unspent. By comparison, John McCain raised $220 million... More »

GOP Donors Pour Millions Into Ga. Race

'Unbelievable' sum of money fuels runoff for Senate seat

(Newser) - With Democrats just two seats away from mounting a filibuster-proof majority in the Senate, GOP donors are injecting millions into Georgia’s runoff election, USA Today reports. Republican incumbent Saxby Chambliss raised $1.6 million in large contributions in about a week, compared to $462,000 for Democrat Jim Martin.... More »

His Fundraising Machine Turns to Transition, Inaugural

But watchers holding Obama to transparency

(Newser) - Barack Obama is in fundraising mode again, this time for his transition and inauguration, CNN reports; many hope he will honor his promise to steer clear of special interests and big corporate donors. Though there is almost $10 million in public funds available for transition spending, experts say that’s... More »

You Said You Wanted (Campaign) Revolution ...

2008 changes US elections forever

(Newser) - Campaign drama has overshadowed the fact that 2008 has permanently changed the way elections are fought in America, the New York Times reports. From now on, supporters will be organized in new ways and funds will be raised differently, due primarily to brave new media worlds. With the help of... More »

Best, Worst Financial Decisions of Candidates

Candidates have spent a bundle on campaign, but didn't always do it wisely

(Newser) - The next president faces the daunting task of fixing a crippled economy—all the more reason to look at the candidates' best and worst financial decisions during the campaigns. Politico's Jeanne Cummings does the tally:
  • Obama's Best: His decision to hire Facebook's founder, whose interactive Internet fundraising included billboards in
... More »

Obama's Haul Spurs Concern About Faceless Donors

But it paves way for new standard in political fundraising system

(Newser) - The huge success of Barack Obama’s Internet fundraising campaign has sparked concerns about the regulation of campaign finance. Some worry that the faceless system allows for easy abuse, particularly in light of donations from anonymous or clearly fake names such as "Osama bin Laden," the Washington Post... More »

Obama Shatters Records With $150M Sept.

Brings total to more than $600M

(Newser) - Barack Obama scored $150 million in September, he said today, a monthly record that brings his fundraising total to another record topping $600 million, the Wall Street Journal reports. The previous monthly record was Obama’s $66 million in August. Those figures give the Democrat a big leg up in... More »

Hillary Raises Big Money for Obama

Clinton draws $8M for former rival, despite own campaign debts

(Newser) - Hillary Clinton has raised more than $8 million since July for Barack Obama, USA Today reports, and has hit 40 Obama campaign events in the past 2 months. She’ll headline two more Obama fundraisers this month, plus 11 events for other Democratic candidates. But while she’s raising money... More »

Palin Pumps Up Funding for Both Sides

Candidate inspires conservatives, scares liberals

(Newser) - Political action groups have spent far less on ads during this presidential election than they did in 2004, but Sarah Palin’s entry into the race has begun to push that number up, reports the Wall Street Journal. Groups like Planned Parenthood have seen an uptick in donations from “... More »

Virginians Pour Record Dollars Into Election

State's newfound battleground status sparks funding fervor

(Newser) - With their home state up for grabs for the first time in decades, Virginians—particularly Democrats from the northern part of the state—are pouring money into the presidential race, the Washington Post reports. Thus far, locals have given a record $25.3 million to various candidates throughout the election... More »

Despite $66M August, Obama Needs Money

Campaign must raise $3M per day to reach $200M target

(Newser) - Barack Obama raised more money in August than any presidential candidate ever, but he’s still desperate for cash, reports Politico. Obama has $77 million in the bank, close to the $85 million John McCain has to spend this general election. But McCain will benefit from outside “independent” groups... More »

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