04/12/2008 05:12 am ET | Updated May 25, 2011

Reid: Clinton, Obama Fight Does "Zero Damage" To Democrats

"The protracted battle between Barack Obama and Hillary Clinton for the Democratic presidential nomination is doing 'zero damage' to the party and instead is helping it prepare for the November election," Senate Majority Leader Harry Reid told Bloomberg Television.

"The negative toll on Obama and Clinton will end five minutes after the nominee is chosen. That will be before the first of July," Reid said today in an interview...

In the meantime, Reid said, the candidates are helping the party register new voters and identify more campaign donors, which will help Democrats in the general election.

"Hundreds of thousands of people are contributing to their election," Reid said. "We haven't changed the campaign finance standards in this country; they did it."

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