Obama’s Money Ban Puts Crimp on Dem Convention

Wednesday, 09 Mar 2011 04:05 PM

By Dan Weil

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Don’t expect the 2012 Democratic convention in Charlotte, N.C. to be very fancy. That’s because President Barack Obama banned corporations and lobbyists from helping to finance the event, Politico reports.

Perdue, Obama, convention, fund
N.C. Gov. Bev Perdue
“I would say it would make the fundraising for [North Carolina] Gov. Bev Perdue and the host committee exponentially more difficult and more challenging,” said Mike Stratton, a lead fundraiser for the 2008 Denver Democratic convention host committee that raised more than $50 million.

The Charlotte convention host committee is supposed to come up with $40 million, but that total may end up much higher if the city doesn’t receive federal assistance for the stringent security required at such events.

In 2008, Congress gave $50 million to each party for convention security. But that money came in an earmark, and Obama promises to veto earmarks this year.

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Scientists Warn Florida Governor of Threat From Climate Change

Tuesday, 19 Aug 2014 20:06 PM

Five climate scientists warned Florida Governor Rick Scott in a meeting on Tuesday that a steadily rising ocean was a ma . . .

Kareem Abdul-Jabbar: Ferguson Protests Are About Class, Not Race

Tuesday, 19 Aug 2014 19:26 PM

The unrest in Ferguson, Missouri, is not about racism but about class warfare and how poor people are not advancing in A . . .

Rep. Paul Ryan: GOP Must Learn From Mistakes in War on Poverty

Tuesday, 19 Aug 2014 17:46 PM

Republicans often aren't taken seriously in their effort to alleviate poverty, Rep. Paul Ryan admits, and he suggested t . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved