Campaign funds for Clinton and Obama very close
Barack Obama outraised Hillary Clinton nationwide in campaign fund-raising in the second quarter of 2007. But that doesn’t necessarily mean he’ll lead the pack when it comes to bringing in Hollywood money.The breakdown of the numbers won’t come until around July 15, but there is some expectation that Clinton will once again outpace Obama when it comes to donations from showbiz. She’s held more large fund-raisers in the industry in the past three months than Obama, with a May 30 swing through Hollywood that by itself brought in $1 million. She’s also solidified her support among political veterans like Steven Spielberg and Peter Chernin. Nevertheless, Obama’s campaign, which reported raising at least $32.5 million nationwide to Clinton’s $27 million, drew some 154,000 new donors in the past three months. While his campaign may have come down to earth in Hollywood, he’s still showing strength among creative types, non-“suits” who are a little more green when it comes to politics. Beyond major backers like Jeffrey Katzenberg and Oprah Winfrey, Obama has been collecting more “lower-dollar donations.” Clinton has shown particular strength in drawing donors who will “max out” to her with contributions of up to $4,600. The question is whether there are enough Obama donors to make up the difference. As much as Hollywood likes to know who is backing whom, the truth is that many donors are still giving to multiple candidates. Brett Ratner hosted a fund-raiser for Clinton at his home and several weeks later another for John Edwards. He, like many other donors, just want to back the Democratic nominee, no matter who he or she ultimately will be. Such fence-sitting may be the norm until the primary. After all, everyone wants to be with a winner.