It was only a month ago that an Obama fundraiser boasted that the campaign could raise as much as $100 million in June.  Yet as ABC News’ Jake Tapper reports it looks the figures fell far short of the mark.

“One hundred million dollars this June — it’s definitely within reach,” Obama fundraiser Wade Randlett said last month to The Hill.

At the time the Obama campaign had not yet made its announcement it would not — despite a previous pledge to the contrary — make efforts to enter into the public financing system. But clearly it had been gearing up to do so. A decision rooted in a belief the campaign can raised significantly more than the approximately $85 million the federal system would have given it.

But in today’s Wall Street Journal, Christopher Cooper and Susan Davis report that “June fund-raising for Sen. Obama appears to be falling below the expectations of some supporters. The campaign hasn’t released its June numbers, but people close to the fund-raising operation say the total will likely be just over $30 million. While this isn’t a poor showing, it is an underwhelming haul for a campaign that has ballooned in recent months, has promised a true, 50-state electioneering effort and has told its biggest fund-raisers that it wants to collect $300 million in general-election cash by mid-October.”

Obama not only has to raise money for his campaign but is trying to help Hillary Clinton retire her campaign debt which isn’t helping matters any.

 

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