BarkleUSA
04-20-2008, 07:39 AM
Facing Obama Fund-Raising Juggernaut, Clinton Seeks New Sources of Cash
By MICHAEL LUO
Senator Barack Obama is swamping Senator Hillary Rodham Clinton with television advertising in their prolonged battle for the Democratic nomination, putting fresh pressure on Mrs. Clinton’s fund-raising machine to find new sources of money to help her keep pace.
But her big-dollar fund-raising apparatus that was once the envy of the political world is encountering obstacles as many of those in its regular networks of donors have reached the maximum on their personal contributions or grown tired of the relentless press for donations.
The campaign is actively hunting for new wellsprings of cash, while tapped-out donors who want to give more are contemplating financing independent efforts on her behalf that are not bound by contribution limits. So far, however, the independent efforts have been halting at best.
The scramble for fresh resources comes as the money gap between the two candidates is growing. In March, largely because of a continued advantage in small donations given over the Internet, Mr. Obama was able to raise twice what Mrs. Clinton brought in, collecting $40 million compared with her $20 million. He has been spending it freely in Pennsylvania, hoping to stymie Mrs. Clinton in a contest that could determine whether she stays in the race. More (http://www.nytimes.com/2008/04/20/us/politics/20donor.html?_r=2&oref=slogin&pagewanted=print&oref=slogin)
By MICHAEL LUO
Senator Barack Obama is swamping Senator Hillary Rodham Clinton with television advertising in their prolonged battle for the Democratic nomination, putting fresh pressure on Mrs. Clinton’s fund-raising machine to find new sources of money to help her keep pace.
But her big-dollar fund-raising apparatus that was once the envy of the political world is encountering obstacles as many of those in its regular networks of donors have reached the maximum on their personal contributions or grown tired of the relentless press for donations.
The campaign is actively hunting for new wellsprings of cash, while tapped-out donors who want to give more are contemplating financing independent efforts on her behalf that are not bound by contribution limits. So far, however, the independent efforts have been halting at best.
The scramble for fresh resources comes as the money gap between the two candidates is growing. In March, largely because of a continued advantage in small donations given over the Internet, Mr. Obama was able to raise twice what Mrs. Clinton brought in, collecting $40 million compared with her $20 million. He has been spending it freely in Pennsylvania, hoping to stymie Mrs. Clinton in a contest that could determine whether she stays in the race. More (http://www.nytimes.com/2008/04/20/us/politics/20donor.html?_r=2&oref=slogin&pagewanted=print&oref=slogin)