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Campaign
Contributions May Predict Superdelegates’ Vote
By Rob Hotakainen
Miami Herald
Mar. 30, 2008
When Missouri Sen. Claire
McCaskill endorsed Illinois Sen. Barack Obama, she said she'd found
a candidate who ``gives us a reason to believe again.''
Obama believed in her, too,
donating $10,000 from his political action committee to McCaskill's
2006 campaign. She received nothing from the PAC of New York Sen.
Hillary Clinton.
And when California Rep.
Doris Matsui endorsed Clinton, she said the former first lady had
been ''a consistent champion and friend'' of Asian Americans.
Clinton's PAC had also befriended Matsui, giving $5,000 to her
campaign. Matsui received nothing from Obama's PAC.
McCaskill and Matsui are
among the nearly 800 superdelegates who'll have a big say in who
heads the Democratic ticket this fall. While both women say the PAC
contributions didn't influence their choice for president, a study
by the Center for Responsive Politics concludes that campaign
contributions have become a fairly reliable predictor of whose side
a superdelegate will take.
If that's the case, it's
good news for Obama. Since 2005, his PAC has donated $710,900 to
superdelegates, more than three times as much as Clinton's PAC has.
Her PAC distributed $236,100 to superdelegates during the three-year
period.
The study found that the
presidential candidate who gave more money to the superdelegates
received their endorsements 82 percent of the time. That's based on
a review of elected officials who are serving as superdelegates and
who had endorsed a candidate as of Feb. 25.
In cases where
superdelegates received money from Obama's Hope Fund but none from
Clinton's PAC, Obama got the superdelegates' support 85 percent of
the time. In cases where superdelegates received money from
Clinton's PAC but none from Obama's, 75 percent backed Clinton.
Some superdelegates, such
as Democratic Sens. Robert Byrd of West Virginia and Amy Klobuchar
of Minnesota, received $10,000 from both Obama and Clinton. Neither
senator has endorsed a presidential candidate.
TIEBREAKERS
The superdelegates include
nearly 800 members of Congress, governors and Democratic Party
leaders who could be the tiebreakers in the close race between
Clinton and Obama. The study noted that many of them are the
candidates' friends, colleagues or financial beneficiaries who have
much closer ties to the candidates than regular delegates.
''While it would be
unseemly for the candidates to hand out thousands of dollars to
primary voters, or to the delegates pledged to represent the will of
those voters, elected officials who are superdelegates have received
at least $904,200 from Obama and Clinton in the form of campaign
contributions over the last three years,'' the study said, adding
that both Clinton and Obama ``will be calling in favors.''
While McCaskill received
nothing from Clinton's PAC, McCaskill's spokeswoman said that former
President Bill Clinton attended a fundraiser for her in Missouri and
that Clinton hosted McCaskill for a fundraiser in New York.
''Certainly folks can draw
all sorts of false conclusions and assumptions if you look at
reports that focus on only one detail or another,'' said McCaskill
spokeswoman Adrianne Marsh. ``The fact of the matter is that while
Senator Obama's support was extremely helpful, Senator and President
Clinton raised well over $1 million for Claire's Senate campaign in
2006. After looking at the whole picture it's clear that Claire's
support of Senator Obama is based on no other motivation than her
firm belief that he is the right choice to move our country
forward.''
Matsui said the Democratic
Party is ''lucky to have two talented candidates'' but added that
she has a longer history with Clinton.
''Throughout my 15-year
history of working with Senator Clinton, I have seen her exhibit the
qualities needed in the next president of the United States,''
Matsui said. ``Based on that long-standing personal and professional
relationship, I chose to endorse her as our nominee.''
Clinton and Obama have been
wooing the more than 400 superdelegates who have yet to endorse a
candidate.
According to the latest
count by The Associated Press, Obama has 1,406 pledged delegates
compared with 1,249 for Clinton. It takes 2,024 delegates to win the
party's nomination.
As the campaign kicks into
its final phase, the superdelegates are bickering.
This week, 20 top
Democratic donors who are supporting Clinton criticized Democratic
House Speaker Nancy Pelosi of California for saying superdelegates
should support the presidential candidate with the most pledged
delegates.
Pelosi, who hasn't endorsed
either candidate as chair of the Democratic National Convention,
said during a March 16 appearance on ABC's This Week that
it would be harmful to the party if superdelegates don't support the
pledged-delegate winner.
IN-FIGHTING
In their letter to Pelosi,
Clinton's supporters said superdelegates ''must look to not one
criterion but to the full panoply of factors that will help them
assess who will be the party's strongest nominee in the general
election.'' The letter also noted that the donors ''have been strong
supporters'' of the House Democrats' fundraising apparatus.
According to the Center for
Responsive Politics, the letter-signers and their spouses have
donated $23.6 million to Democrats since 1999, including $554,000 to
Clinton's campaigns and PAC. That's 10 times what they contributed
to Obama.
To see a list of the
contributions made to superdelegates, go to www.capital eye.org/superdelegates.asp
Obama
and Clinton Spending Furiously
By Michael Luo
The New York Times
February 21, 2008
Senators
Barack Obama and
Hillary Rodham Clinton both
spent at the furious clip of nearly a million dollars a day in
January as they battled to win the initial contests for the
Democratic nomination, according to filings on Wednesday with the
Federal Election Commission.
But by the end of the
month, Mr. Obama was left in a much better position financially
because he raised more than twice the money that Mrs. Clinton raised
in January, giving him a commanding cash advantage heading into a
pivotal series of contests in February.
Mr. Obama spent more than
$30 million in January, compared with the $28.4 million spent by
Mrs. Clinton. But Mr. Obama brought in $36.1 million in January,
more than anyone has ever raised in a single month in the history of
American politics, with $28 million coming over the Internet,
according to his campaign. Meanwhile, Mrs. Clinton raised just $13.8
million in January. She also lent her campaign $5 million at the end
of the month.
As a result, aided by money
he began the month with in the bank, Mr. Obama ended January with
$18.9 million heading into the coast-to-coast primaries and caucuses
on Feb. 5.
In contrast, Mrs. Clinton
was left at the end of January with just $8.9 million in cash
available for the nominating contests, along with more than $20.3
million set aside for the general election that cannot be used to
help her in the primaries.
As of the end of January,
the Clinton campaign had spent $106 million over all on Mrs.
Clinton’s primary campaign and raised $118 million, including money
for both the primary and the general election, although her total
receipts were $138 million, including transfers from her Senate
campaign fund as well as her loan and other money. Mr. Obama had
spent $115 million for operating expenditures and raised $137
million. Most significant, all but $6 million of his money is
available for use in the primary.
On the Republican side,
candidates saw their financial fortunes in January rise and fall
with their political prospects. Senator
John McCain, who emerged at
the end of the month as the Republican front-runner, brought in
$11.7 million in contributions for the month, close to the most he
had ever raised in a three-month span previously, as Republican
donors jumped on his bandwagon with his victories in New Hampshire,
South Carolina and Florida.
Even with his best
fund-raising month yet, however, Mr. McCain had raised just $48
million since his campaign began through January, a fraction of the
nearly $140 million that Mr. Obama brought in during the same
period.
Mr. McCain’s financial
report for January illustrates the depths he rose from. With his
hopes for the Republican nomination pinned almost entirely on
winning the New Hampshire primary on Jan. 8, Mr. McCain turned to
what was left of a $4 million loan that he took out in November to
bolster his final push there.
Mr. McCain had already
drawn down nearly $3 million from that loan in multiple installments
in November and December to keep his flagging campaign afloat. In
early January, he pulled out another $950,000 — almost all of what
was left in the loan — to help him in the homestretch for New
Hampshire’s primary. The infusion of cash enabled him to beat back
Mitt Romney’s well-financed
campaign in New Hampshire, setting Mr. McCain on the path to the
nomination.
Mr. Romney’s report showed
that he pumped in another $7 million of his own money into his
campaign, bringing the total amount of money he gave his campaign to
$42.3 million. He also raised $9.7 million in January and was left
with $8.8 million in the bank at the end of the month, although he
would ultimately pull out of the race after a disappointing
performance in the states that voted on Feb. 5.
Bolstered by his newfound
fund-raising prowess and the loan to his campaign, Mr. McCain ended
up matching Mr. Romney’s spending for the month as they battled each
other from New Hampshire to Michigan and then on to South Carolina
and Florida, which proved to be pivotal. Mr. McCain spent $10.4
million in January, compared with Mr. Romney’s $10.3 million.
Mr. McCain finished the
month with $5.2 million in cash on hand, although his campaign owes
$5.5 million to various creditors. Also, $2.5 million of his money
is general election money. At this point, however, he is the
presumptive nominee of his party. His advisers said many former
fund-raisers for rival Republican campaigns are signing up to help
Mr. McCain, and he is beginning to build a fund-raising apparatus to
be able to compete with the eventual Democratic nominee.
Mike Huckabee,
who won the Iowa caucus in the beginning of January but went winless
throughout the rest of the month before rebounding in Southern
states on Feb. 5, reported raising nearly $4 million for the month.
After spending nearly $5 million, he finished the month with
$929,401 in cash in hand.
Rudolph W. Giuliani’s
campaign, which went into a free fall in January after leading
national polls and many early state surveys for months, raised $3.1
million in January and finished the month with nearly $9 million on
hand, although the campaign also listed $2.2 million in debt. Almost
$6 million of his money was also set aside for the general election.
Some senior staff members
voluntarily went without salaries in January, but the filings
revealed that many continued to be paid, a sign that the campaign
was not necessarily on the verge of bankruptcy but had been trying
to save money to prepare for contests that would never materialize
after Mr. Giuliani pulled out at the end of the month.
Leslie Wayne, Griffin
Palmer and Aron Pilhofer contributed reporting.
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