Nearly half of Obama’s $86M traceable to bundlers

Townhall.com Staff
|
Posted: Jul 18, 2011 11:03 AM
Nearly half of Obama’s $86M traceable to bundlers
The campaign fundraising efforts of President Obama raised $86 million in the past three months from 500,000 people — but at least $35 million of it can be traced to just 244 well-connected supporters who collected contributions from wealthy friends.

Just 634 donations from people giving $30,000 or more to the Obama Victory Fund comprise $23 million, while the 1,335 donations the fund received from those giving $250 add up to about $336,000, a Washington Times analysis shows.