political fundraising

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Obama Pulls in $70M, Trounces GOP

But fundraising down compared to previous quarter

(Newser) - President Obama raised a combined $70 million for his own campaign and the Democratic Party this summer, easily exceeding his $55 million goal and walloping his Republican rivals, his campaign announced today. The number does, however, represent something of a slowdown for Obama, who raised $16 million more than that...

Elizabeth Warren Pulls in $3.15M

In first month, campaign touts 96% small donors

(Newser) - Elizabeth Warren's nascent campaign to unseat Scott Brown in Massachusetts raised $3.15 million in its first month, potentially setting up what the Boston Globe says could be one of the more expensive and hard-fought Senate races in next year's election. Warren, riding establishment Democrats' support and a...

Democrats Winning 2012 Money Race (Sort of)

But numbers don't include independent groups

(Newser) - Republicans appear to be on the ropes in the race to raise money for the 2012 election—depending on how you look at it. The Republican National Committee, Congressional Committee, and Senatorial Committee raised a combined $105 million through July—compared to $129 for their Democratic counterparts, Politico reports. The...

Obama Is Fundraiser in Chief
 Obama Is Fundraiser in Chief 
study says
Aug 19, 2011 9:22 AM CDT

Obama Is Fundraiser in Chief

He's held more events than the last five guys

(Newser) - Barack Obama has held more fundraising events in his first term than any of the last five presidents—and it’s not terribly close. According to new research reported by USA Today , Obama has held a whopping 127 fundraising events so far, outpacing George W. Bush (88), Bill Clinton (76),...

Rick Perry's Texas Donors Living Large

'Los Angeles Times' analysis finds dozens of examples

(Newser) - Rick Perry has raised $102 million as Texas governor over the last 10 years, and $37 million of that comes from just 150 individuals and couples—nearly half of whom have enjoyed business contracts, appointments, or tax breaks under Perry. A Los Angeles Times analysis found dozens of examples, from...

How Obama Will Celebrate the Big 5-0

With, what else? A fundraiser

(Newser) - President Obama got what he wanted for his birthday , so now he can celebrate turning 50 under a little less pressure. The big day is tomorrow, but the festivities start tonight in his hometown of Chicago, where he will fly this afternoon, reports the Tribune . A $35,800-a-head dinner fundraiser...

For Some, Political Giving Nears Addiction

New class of donors gives often when the mood (or news) strikes

(Newser) - When it’s as easy as pushing a button on your smartphone, donating to candidates can become an itch that needs constant scratching. Thousands of Americans give to their favorite politicians over and over again in what the Washington Post likens to an addiction. The newspaper counts 1,300 people...

Obama's '08 Fundraisers Flee 'Machine'

Democratic veterans take over fundraising process

(Newser) - Many of the core grassroots supporters who raised big money for Barack Obama's presidential run in 2007 and 2008 are gone now, disillusioned and dissatisfied by his presidency, replaced by professional Democratic Party operatives, reports Politico . “It’s a political machine now,” says a Washington State biotech...

Gingrich Campaign $1M in Debt

More than $100K of that is legal fees

(Newser) - Newt Gingrich's presidential campaign is more than $1 million in debt, according to his campaign disclosure provided to the AP today. The former House speaker's campaign raised $2.1 million since he got into the race earlier this year. But he spent $1.8 million, and listed $1....

Election 2012: Obama, DNC Rake in $86M
 Obama Rakes in $86M for 2012 
Jul 13, 2011 7:58 AM CDT

Obama Rakes in $86M for 2012

Cash for his re-election bid pouring in, again riding on small donors

(Newser) - Here's a welcome bit of budget news for President Obama: He and the DNC raked in $86 million in the last three months for the 2012 election campaign, reports Politico . Of that, Obama's campaign took in $47 million, while some $38 million headed to the DNC's war...

Romney Rakes In $18M—and That Worries the GOP

Obama is clobbering Republican candidates in money race

(Newser) - Fundraising reports are starting to trickle in from the GOP presidential field, and the results look great—for Barack Obama. Even Mitt Romney’s vaunted money machine collected only $18 million in the first true quarter of fundraising, a big step back from his 2008 showing, Politico reports. The results...

Newt Gingrich Pulls in $2M, Still $1M in Hole

But 'ship is starting to right itself,' says spokesman

(Newser) - The good news for Newt Gingrich: His faltering campaign pulled in about $2 million in the second quarter. The bad news: He's still about a million bucks in the hole. That puts him in a tough spot to compete in Iowa, notes Politico, though the former House speaker has...

Obama Romancing 'Fat-Cat' Donors

And, simultaneously, not-so-rich ones

(Newser) - President Obama's 2012 machine is revving up early, and his campaign is using all its assets to pull in wealthy donors—while also courting the small Internet donors that fueled his grass-roots machine in 2008. The Washington Post takes a long look at the fundraising push, which has included...

Newt's Top Fundraisers Call It Quits

Gingrich campaign to continue 'as committed as ever'

(Newser) - Newt Gingrich’s campaign woes keep piling up: Now two top members of his finance team have departed. Fundraising director Jody Thomas and fundraising consultant Mary Heitman follow 16 other aides who left this month. His press chief says the campaign is "as committed as ever" and spins the...

Empty Seats Abound at Obama's Fundraiser

Event draws 980, one protester

(Newser) - President Obama held a relatively cheap fundraiser in Florida last night, and Politico wasn't impressed with the turnout. Obama filled around 980 seats in the 2,200-seat Adrienne Arsht Center for Performing Arts, leaving the entire top level empty. Tickets cost $44. One Democratic official downplayed the turnout: “...

For 2012, Obama Wants 'Fat Cats' Back on His Side

The president reaches out to Wall Street donors

(Newser) - President Obama—who famously angered Wall Street executives by calling them “fat cats,” the New York Times reminds us—is now courting those same executives in his quest for re-election campaign contributions. He kicked off the push by hosting two dozen of them, many longtime donors, at the...

Newt Donors Head for the Hills
 Newt Donors Head for the Hills 
May 19, 2011 11:37 AM CDT

Newt Donors Head for the Hills

His criticism of Paul Ryan spooks the base

(Newser) - Newt Gingrich’s vaunted money machine appears to be breaking down in the wake of his Meet the Press appearance, in which he called Paul Ryan’s Medicare plan “right-wing social engineering.” (You can see the video here .) “The last 48 hours have called into question...

Mitt Romney Raises $10M in One Day

Donors hope to intimidate rivals with show of financial muscle

(Newser) - Mitt Romney flexed his financial muscle yesterday, raising $10.25 million in a one-day call-a-thon. “That’s a terrific start,” Romney told reporters, adding, “Actually, it’s more than just a start—it really gives us the boost that we need.” It’s also the kind...

Obama Relying on Gay Donors for 2012

Because some big money donors aren't showing up

(Newser) - Barack Obama’s 2012 campaign is hoping gay donors can fill the holes left by the big-money interests that are deserting it. Gay donors have been showing their gratitude for the repeal of Don’t Ask, Don’t Tell and Obama's abandonment of the Defense of Marriage Act, and...

Ron Paul Raises $1M in Single-Day 'Money Bomb'

He makes another hefty fundraising haul with online push

(Newser) - Ron Paul proved yesterday he's still master of the "money bomb." The likely 2012 candidate raised $1 million in a single day in a fundraising push tied to last night's debate , reports Politico . Paul's exploratory committee put out the word via email and social networks...

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