Democratic Convention Host Lagging on Funds
Full story at:
http://www.washingtonpost.com/wp-dyn/content/article/2008/06/17/AR2008061702282_pf.html
By Peter Slevin
Washington Post Staff WriterWednesday, June 18, 2008; A04
DENVER -- The committee that will host the Democratic National Convention announced this week that it is $10 million short of the $40.6 million it promised to raise by mid-June.
Organizers of the Denver 2008 host committee blame the sluggish economy, the city's limited corporate base and the distraction of the long Democratic primary fight, which Sen. Barack Obama (D-Ill.) won less than two weeks ago.
Colorado officials said they would come up with the money before the convention opens on Aug. 25, likely by tapping the power of Obama's fundraising capabilities.
"We have to raise $10 million or $11 million more. Now that we have the primary season over, it's happening a lot faster, but it needs to happen a lot faster because the convention's roaring up on us," said Rep. Ed Perlmutter (D-Colo.). "The campaign is now invested in making the whole thing a success." Sphere: Related Content
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