DNC Chairwoman Mum on 2012 Convention Fundraising

Thursday, 18 October 2012 02:05 PM EDT ET

The head of the Democratic National Committee is distancing herself from the effort to raise money for her party's 2012 convention in Charlotte, which fell millions short despite breaking a pledge to forgo cash from special interests.

At a campaign event Thursday in North Carolina, DNC Chairwoman Debbie Wasserman Shultz said she knows nothing about the sources for the $24 million raised by the convention's host committee, an amount well short of its $36.7 million goal.

To make up the gap, organizers spent $5 million donated by corporations to rent the convention hall and borrowed $8 million more from a credit line underwritten by a corporate partner.

Wasserman Shultz pledged in Charlotte last year that the convention would be paid for without money from corporations, lobbyists or political action committees.

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The head of the Democratic National Committee is distancing herself from the effort to raise money for her party's 2012 convention in Charlotte, which fell millions short despite breaking a pledge to forgo cash from special interests.At a campaign event Thursday in North...
DNC,Fundraising
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2012-05-18
Thursday, 18 October 2012 02:05 PM
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