According to a recent article published by Bloomberg, during the first half of 2007, Barack Obama managed to raise $59 million for his presidential campaign. In order to match that, any prospective Republican, Independent, Libertarian, Green Party, and/or any other challenging candidates to Obama’s re-election would need to raise approximately $590,000 each day, until June 30th if they entered the race today.
Former Minnesota Governor, and Republican, Tim Pawlenty, announced the other day that he was setting up an exploratory committee to raise money for a possible candidacy. With some experts now predicting that President Obama could become the first billion-dollar candidate, every day that passes by other potential challengers to his re-election, will make it much harder to match the President’s war chest for getting re-elected.
“It would be extremely difficult, if not impossible, for the Republicans to raise as much money as Obama,” said former Republican National Committee finance chairman Al Hoffman Jr., who is a North Palm Beach, Florida, real estate developer.
However, this does not mean that the Republicans and/or any other party candidates can’t mitigate an Obama fundraising advantage. There are the popular outside groups, such as Karl Rove’s American Crossroads, who helped the Republican party take over control of the U.S. House of Representatives in 2010 and are preparing for the 2012 election as well. The prospective candidates are lining up major fundraisers and continually preparing efforts to attract small donors to boost funds.
“All of the potential serious candidates have been laying that groundwork for a long time,” said former Republican Representative Bill Paxon of New York.
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Michael Balducci -
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Whether you need to raise money for any number of political fundraisers or are part of another cause that needs to effectively raise money online, you can create, manage, and scale an unlimited amount of online fundraising campaigns for your cause, while fundraising more effectively than traditional fundraisers.
