DNC Committee Says Funds Are Lagging
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
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 Senator Obama, a Democrat of Illinois, won less than two weeks ago.
Colorado officials said they would come up with the money before the convention opens on August 25, likely by tapping the power of Mr. Obama’s fund-raising 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,” Rep. Ed Perlmutter, a Democrat of Colorado, said. “The campaign is now invested in making the whole thing a success.”
