Obama's campaign fundraiser sets Party Time record
Even we jaded chroniclers of campaign cash grabs are dazzled by the ask for becoming a Conference Chair at the Annual National Women’s Issues Conference in DC . It's the most eye popping of a series of fundraisers that signal a definitive ramp-up of the president's fundraising campaign.
The $75,800 requested contribution the highest we've ever recorded at Party Time. And it's artfully divided among political committees so as not to violate FEC limits. The fine print explains the dizzying array of slicing and dicing.
The first $5,000 will go toward Obama for America, the President’s personal campaign committee. Half of that total will be credited toward the primary, half for the general election. This is the maximum an individual can give to a campaign.
The next $30,800 goes to the Democratic National Committee. That's the limit individuals can give to a national party committee per calendar year.
Then, the state party committees in ten battleground states get cuts. Calculating from the formula provided on the invite, here's what we figure the following state parties would get:
Don't have $75,800 to spare? There are still other options. Top price gets you and four of your best friends access to all special events, photos and of course, special recognition. For a mere $40,000, you can get the same package, provided you attend solo. A $15,000 to $5,000 ticket will still get you some perks. General Admission sells for $1,500 to $250. But the cheapest option is only available for young adults and seniors.