Source:
UPIEthics shift may cut Dem convention funds
Published: March. 9, 2011 at 10:56 AM
WASHINGTON, March 9 (UPI) -- Next year's Democratic convention in Charlotte, N.C., is likely to be scaled down since President Barack Obama banned corporate funding, planners say.
Mike Stratton, a lead fundraiser for the 2008 convention in Denver, told Politico fundraising for Charlotte will be "exponentially more difficult and more challenging."
"Clearly, the White House goal here is to send a message this is not a lobbyist-fest ... not an event for the highest bidder," he said.
The party is asking the Charlotte host committee to raise $40 million -- $10 million less than Denver -- but that figure could soar if the city cannot get federal funding for security.
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http://www.upi.com/Top_News/US/2011/03/09/Ethics-shift-may-cut-Dem-convention-funds/UPI-57871299686166/