Democrats Have Trouble Raising Money for Convention

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Democrats Miss Marks to Finance Convention

By LESLIE WAYNE
Published: May 28, 2008
The Democratic Party is struggling to raise money for its convention in Denver on Aug. 25-28, with fund-raising by the host committee falling far short of the party’s goals and lagging behind the Republicans’ efforts for their convention in Minneapolis-St. Paul.

Howard Dean, Democratic National Committee chairman, at a publicity event in November at the Pepsi Center in Denver.
So far, the Denver host committee is about $15 million short of the $40.6 million it must raise by June 16. With only $25 million raised so far, the committee is scrambling to offer a new round of special deals for corporate underwriters, as well as to devise a backup plan should the fund-raising fall short and plans for the convention need to be scaled down.
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