The Obama campaign has already shown itself as a fundraising juggernaut this campaign season, raising tens of millions of dollars each quarter in conjunction with the Democratic National Committee.† And they have no intention of sharing any of it.
According to Politico, despite requests from other Democratic politicians and groups, the campaign will be keeping their money to themselves.† Requests from leaders of the House and Senate, as well as the Democratic Congressional Campaign Committee and the Democratic Senatorial Campaign Committee, are all likely to be denied.
The fear? That their campaign won’t have enough money to take on all of the conservative super PACs likely to come after them, and that there won’t be enough strength in Democratic PACs to take them on.
“The financial caution for the Obama team also reflects the growing power of super PACs, especially for Republicans,” Politico reports. “The groups ó technically unaffiliated with any candidate yet already a huge factor in the GOP presidential contest ó are prepared to dump tens of millions, possibly hundreds of millions, into the White House race. So far, Democrats, including Obamaís own super PAC allies, have been unable to match that flood of pro-Republican cash.”
If the campaign is drastically outspent, at least there won’t be quite as many ads flooding the airwaves before election day.† But those that do make will be that much more likely to be attacking the president.
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