Commentary Magazine


Contentions

Seventy Percent of Obama Haul May Be From Big-Money Bundlers

The Romney campaign’s reliance on big-money donors has received a lot of attention, but President Obama and the DNC may have also raked in up to $60 million-plus from ultra-wealthy bundlers – nearly 70 percent of the campaign’s total haul.

The Center for Responsive Politics reports that the Obama campaign only disclosed broad ranges of how much each individual bundler contributed. If the bundlers pulled in the maximum for their category, then the total amount could be much higher than previously reported:

These broad categories mean the true amount collected for Obama’s re-election could be even greater than $35 million. In fact, if the maximum amounts raised by these 200-plus elite moneymen and women are used, the total could be as high as $60 million. That’s 70 percent of the total announced haul. And that amount could be higher still, since for the 27 individuals who bundled more than a half-million dollars there is no maximum amount given.

The Obama campaign often tries to downplay its dependence on bundlers, and portray itself as primarily grassroots-driven. And while it definitely collected an impressive amount of small-money donations, Obama is still reliant on wealthy bundlers and special interest groups, just like any other incumbent politician.


Join the discussion…

Are you a subscriber? Log in to comment »

Not a subscriber? Join the discussion today, subscribe to Commentary »





Welcome to Commentary Magazine.
We hope you enjoy your visit.
As a visitor to our site, you are allowed 8 free articles this month.
This is your first of 8 free articles.

If you are already a digital subscriber, log in here »

Print subscriber? For free access to the website and iPad, register here »

To subscribe, click here to see our subscription offers »

Please note this is an advertisement skip this ad
Clearly, you have a passion for ideas.
Subscribe today for unlimited digital access to the publication that shapes the minds of the people who shape our world.
Get for just
YOU HAVE READ OF 8 FREE ARTICLES THIS MONTH.
FOR JUST
YOU HAVE READ OF 8 FREE ARTICLES THIS MONTH.
FOR JUST
Welcome to Commentary Magazine.
We hope you enjoy your visit.
As a visitor, you are allowed 8 free articles.
This is your first article.
You have read of 8 free articles this month.
YOU HAVE READ 8 OF 8
FREE ARTICLES THIS MONTH.
for full access to
CommentaryMagazine.com
INCLUDES FULL ACCESS TO:
Digital subscriber?
Print subscriber? Get free access »
Call to subscribe: 1-800-829-6270
You can also subscribe
on your computer at
CommentaryMagazine.com.
LOG IN WITH YOUR
COMMENTARY MAGAZINE ID
Don't have a CommentaryMagazine.com log in?
CREATE A COMMENTARY
LOG IN ID
Enter you email address and password below. A confirmation email will be sent to the email address that you provide.