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The Obama campaign has turned down a request by Senate Majority Leader Harry Reid to share his campaign cash to help Democrats increase their Senate majority.
From the Politico.
Earlier this month, Senate Majority Leader Harry Reid made a personal appeal to Barack Obama: Help me grow the Democrats’ Senate majority by sharing some of the $77 million you’ve got in the bank.
Obama’s campaign said no.
Although Democratic insiders say a better deal could still come, the Obama campaign so far has agreed only to let Senate Democrats use Obama’s name — as well as those of his wife and running mate — in mail and online fundraising pitches. The campaign has planned no joint fundraising events with House or Senate Democrats, and insiders say none is likely to be held before Election Day.
In rejecting a direct request from his Senate leader, Obama has put a fine point on the financial pressures he’s feeling as the presidential race turns toward the fall.
Obama raised a record-setting $66 million in August, leaving his campaign with about $77 million in cash now. Because he has turned down public financing, he can keep raising money through Election Day. John McCain, having accepted public financing, can’t do that — but he already has the $84 million in public money in his campaign coffers.
More importantly, McCain will get substantial help from the Republican National Committee — which has dramatically outraised its Democratic counterpart — and the Republican Party’s state and local committees.
Despite all the headline stories about Obama’s fundraising prowess, his decision to forgo public money has impacted other Democrats by sucking up money that might have been available otherwise. That decision may come back to bite the Democrats in more than one way.
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About the author
Don Irvine is Chairman of Accuracy in Media. He is active on Facebook and Twitter. You can follow him @donirvine to read his latest thoughts.
3 Comments for Obama Not Sharing Money with Other Dems
LOL! Seems ole ‘Bama has become quite Neo Conservative while the Liberal Republican McCain is taking Public funds.
Take Heart though, Wal Mart will still be needing Retiree workers to suppliment their penury incomes from their Wall Street IRAs.
Since B.O. has such a passion to see that his 41 million uninsured Americans get health care, I suggest that he buy each of them life time insurance coverage. That would heal the sick, prove that he is the second coming and still leave him with enough cash in the bank to continue his incessent hateful Bush/McCain/Palin bashing.
Why would he share his wealth? He is living like a king. ROTFL….
This peacock is all about self. He has lived his whole life doing what was best for himself. He has never done one single thing that didn’t benefit BHO. He has never done a honest days work. And he is to old to change.
I watched his speech from Colorado today, and he talked about change, but never explained what that change is. He used most of the speech to bash McCain. DAMN… Can’t he give one simple answer about his purposed change? I think we are looking at an empty suit.