Obama has weakest fundraising month of the year. (vote, campaign, Republican)
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Are Obama's supporters tapped out? Or, will the small donors continue to contribute their tens and twenties to Obama? I am voting for Obama, but will not contribute money this time. It will be interesting to see what the contributions are for June.
Print Story: Clinton, Obama could help each other financially on Yahoo! News (broken link)
Clips:
Obama had his weakest fundraising month of the year, collecting $22 million and ending the month with $43 million cash on hand and $304,000 in debts. But $10 million of his available cash can only be spent in the fall after the party national conventions, leaving $33 million for the summer months. Obama's decision to bypass the general election's public finance system allows him to use left over primary money in the fall campaign.
Republican John McCain, who secured his party's nomination in March, raised $21 million in May and had $31.6 million in the bank. The figures place him virtually on same financial footing as Obama — a level of parity that would have been unimaginable just a few months ago
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No we are not tapped out. We are dealing with summer vacation plans and other things right now and we will be giving alot more after the convention when he needs it. Also some of us are trying to help Hillary pay off her debts.
No we are not tapped out. We are dealing with summer vacation plans and other things right now and we will be giving alot more after the convention when he needs it. Also some of us are trying to help Hillary pay off her debts.
All true, plus there's was a natural lull after Obama had clinched the nomination. Also, some of Clinton's biggest fund raisers will now be raising money for Obama.
There have been several stories about this. They took a lull in fundraising and are gearing it back up. His appearance with Clinton is part of that effort. They are working an exchange where her donors who are at the maximum give to him and his who are at the maximum contribute to her debt reduction.
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