Obama's Donors In California Have Already Raised More Money For Re-Election Than Entire 2008 Campaign
Story comes courtesy of California Watch.
With more than eight months to go before Election Day, California bundlers already might have rounded up more money for President Barack Obama's re-election bid than they did during the entire 2008 campaign, according to data compiled by the Center for Responsive Politics.
Voluntary disclosures by the Obama campaign show that as of late January, Obama's California bundlers had raised at least $17.8 million, compared with just more than $15 million during the 2008 campaign. Seventeen of them have given at least $500,000 this cycle, compared with 12 in 2008.
Bundled contributions are disclosed in dollar ranges, so the precise amount bundlers raised is unclear.
Still, the sharp increase in bundled contributions further suggests that donors' growing comfort with indirect political giving is quickly driving this year's presidential race to be the most expensive in history.
Among the high-profile names on this year's bundling list are DreamWorks executive Jeffrey Katzenberg and Salesforce.com executive Marc Benioff, both of whom bundled at least $500,000 in 2008 before doing the same during this cycle.
Energy executive Steve Spinner also has bundled $500,000 for a second time. After serving as a top fundraiser during Obama's 2008 campaign, he was appointed to a position in the U.S. Department of Energy, where he played a key role in the controversial loan guarantee to solar panel manufacturing company Solyndra, which has since declared bankruptcy.
Other big-name Californians who have bundled for Obama this year include actress Eva Longoria, who has bundled between $250,000 and $500,000; Hollywood agent Ari Emanuel, brother of former White House Chief of Staff Rahm Emanuel, who bundled between $100,000 and $200,000; and former State Controller and gubernatorial candidate Steve Westly, who bundled between $250,00 and $500,000.
A complete list of 2012 California bundlers follows below:
Chase Davis is the director of technology for California Watch and its parent organization, the Center for Investigative Reporting. To read more California Watch stories, click here.