campaign funds

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Obama Willing to Help Bail Clinton Out of $20M Debt

Peace offering from victorious Dem could help come November, too

(Newser) - Barack Obama might ask his supporters to help Hillary Clinton pay off her campaign debt, Bloomberg reports. Clinton has accrued more than $20 million, $11.4 million of which she personally contributed. Under a campaign-finance law (co-sponsored by John McCain) she has until August's Democratic convention to raise money to...

Dem Bankrollers Readying United Wallet

Race will continue into June, but merger under way

(Newser) - Hillary Clinton and Barack Obama will fight each other for the nomination into June, but top fundraisers are already ensuring a McCain defeat, no matter who the nominee is. One DNC fundraiser was held in honor of a Clinton backer at the residence of an Obama supporter, the Washington Post...

Dems Sue to Cap McCain Spending

Federal lawsuit charges public financing dodge

(Newser) - The Democratic National Committee yesterday filed a federal lawsuit to limit the amount John McCain can spend on his campaign before the GOP national convention. In apparent violation of federal law, McCain's once-foundering campaign used expected federal matching funds as collateral for a bank loan, but then opted out of...

Vendors to Clinton: Don't Be a Deadbeat

Many irked as campaign delays bills to keep pace in race

(Newser) - Hillary Clinton’s campaign is earning a deadbeat reputation among some campaign vendors, reports Politico. To keep pace with Obama and maintain reserves for future media buys and events, it has put off paying hundreds of bills, leaving many—mostly small and local—businesses grousing. Clinton ended February with $16...

GOP's Strength Frays at Local Level
GOP's Strength Frays at
Local Level

GOP's Strength Frays at Local Level

Broke, scandal-ridden state parties aren't ready to help McCain

(Newser) - Their national candidate needs support, but the Republican Party's state chapters are in no position to lend John McCain a hand, Politico reports. From New York to Alaska, local organizations are rife with dissension, debt, and scandal. "We are clearly rebuilding," says the Michigan GOP chairman.

Did Governor Use Campaign Funds for Trysts?

Feds Probe hotel, travel payments

(Newser) - Disgraced soon-to-be-ex-governor Eliot Spitzer's troubles could get even worse as prosecutors probe whether he used campaign funds for his meetings with prostitutes, the New York Times reports. Criminal charges linked to the payments could follow if federal investigators discover campaign money paid for the hotel rooms and transportation Spitzer used...

Thompson Slashes Staff Salaries
Thompson Slashes Staff Salaries

Thompson Slashes Staff Salaries

South Carolina will be last-ditch effort after bottom-of-heap finish

(Newser) - After drawing only 1% of the vote in yesterday's New Hampshire primary, Fred Thompson's  struggling campaign is cutting salaries and focusing available funds on a last-ditch push in South Carolina, the Washington Post reports. Resources will go to a South Carolina bus tour and ad campaign; the senator-turned-actor will likely...

Deadlock Shuts Down Election Commission

Spat over nominees means no campaign funds after Jan 1

(Newser) - A standoff in Congress will force the agency that doles out federal campaign dollars and polices political spending to go dark on New Year's Eve—just in time for the start of the primaries, the Washington Post reports. The Federal Election Commission needs four votes from its six members to...

Bush's Stalwart Donors Largely Sitting Out '08

Current candidates not wowing GOP's most devoted checkbooks

(Newser) - The money machine that backed George Bush’s two presidential runs is sputtering for 2008’s Republican hopefuls. Disenchanted by Iraq and unimpressed with the current field, GOP donors are largely sitting out—or even padding Democrats' coffers, reports the Washington Post. “I’m not sure which primary I’...

Hillary to Repay $850K From Hsu
Hillary to Repay $850K From Hsu

Hillary to Repay $850K From Hsu

FBI probes contributions from 'straw donors'

(Newser) - Hillary Clinton's campaign will return $850,000 raised by Democratic fundraiser Norman Hsu, a fugitive from a 1991 fraud conviction who turned himself in and then skipped out on a Bay Area court hearing last week. Clinton had planned to give $23,000 from Hsu to charity, but has since...

Fake Obama Group Keeps Donations
Fake Obama Group Keeps Donations

Fake Obama Group Keeps Donations

Impostor organization says it never misled supporters

(Newser) -  "Californians for Obama"  has raised thousands of dollars, but the candidate hasn't seen any of it. In fact, the group isn't affiliated with Obama, the San Francisco Chronicle reports, and most of the dough has gone to founder Emmett Cash. Because the group's website doesn't claim an...

Dems Raise Big Bucks Online
Dems Raise Big Bucks Online

Dems Raise Big Bucks Online

GOP trails 2 to 1; Obama has the biggest online presence

(Newser) - The three leading Democrats in the presidential race have raised more than twice as much money online as the three leading Republicans, the Times reports. For the first 6 months of the year, Barack Obama, Hillary Clinton, and John Edwards combined to top $28 million, against $14 million for Rudy...

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