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Big-Dollar Donors Lose Enthusiasm for Obama!
The thrill is gone for the big Hollywood and business donors whose largesse bankrolled much of President Obama’s 2008 campaign, and the president’s re-election bid is struggling to land big donations.
The Washington Post reports:
Obama is outpacing his Republican rivals in fundraising overall, and his advisers have concentrated on amassing small-dollar backers, part of a strategy to get more people invested in the reelection effort. At the end of January, 1.4 million people had donated to the Obama campaign, responding to appeals for contributions as small as $2.
But Obama lags behind Republican front-runner Mitt Romney in finding donors willing to give $2,000 or more — a surprising development for a sitting president, and one that could signal more worrisome financial problems heading into the general election. At this point in the last election cycle, Obama had received such large donations from more than 23,000 supporters, more than double the 11,000 who have given him that much this time. President George W. Bush had more than four times that number of big donations at this point in his reelection.
BY: Washington Free Beacon Staff - March 19, 2012 @ http://freebeacon.com/big-dollar-donors-lose-enthusiasm-for-obama/
The Washington Post reports:
Obama is outpacing his Republican rivals in fundraising overall, and his advisers have concentrated on amassing small-dollar backers, part of a strategy to get more people invested in the reelection effort. At the end of January, 1.4 million people had donated to the Obama campaign, responding to appeals for contributions as small as $2.
But Obama lags behind Republican front-runner Mitt Romney in finding donors willing to give $2,000 or more — a surprising development for a sitting president, and one that could signal more worrisome financial problems heading into the general election. At this point in the last election cycle, Obama had received such large donations from more than 23,000 supporters, more than double the 11,000 who have given him that much this time. President George W. Bush had more than four times that number of big donations at this point in his reelection.
BY: Washington Free Beacon Staff - March 19, 2012 @ http://freebeacon.com/big-dollar-donors-lose-enthusiasm-for-obama/
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