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Fri 30 May 2008 8:38
by Kevin McGehee
45° and sunny
in Riverton, WY
1 comment
[Our Times]
[Get Offa My Lawn!]
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The economy will certainly have an impact on the 2008 election—in a way, it’s already begun.
Millions of dollars behind in raising money and unlikely to meet a fast-approaching final deadline, the Denver committee hosting the Democratic National Convention is considering spending cuts.
Committee sources say they are working with the Democratic National Convention Committee to consider lowering the $55 million in private cash and donated services that must be raised to bring the convention to town. The cuts would be made to the many parties the host committee is obligated to throw for the delegations and the news media, and other hospitality functions not tied to production aspects inside the convention hall.
“There have been no specific decisions made,“ host committee spokesman Chris Lopez said. “We’re always identifying costs and weighing them against our anticipated revenue.“
Lopez said the committee is still working to satisfy its full obligation.» DNC host officials short on cash
Even if economic issues never play a part in the upcoming fall campaign between Barack Obama and John McCain, their impact on campaign contributors will place one or the other at a distinct advantage.
Just one more variable to watch.
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