May 14th, 2008
03:30 PM ET
7 years ago

Obama, Clinton agree to DNC fundraising agreement

Howard Dean is the chairman of the Democratic National Committee.
Howard Dean is the chairman of the Democratic National Committee.

WASHINGTON (CNN) - The Democratic Party has reached an unusual joint fundraising agreement with both its remaining presidential candidates, Barack Obama and Hillary Clinton.

The agreement, announced Wednesday, creates a new entity, the "Democratic White House Victory Fund" - a move which will allow both candidates to fundraise for the cash-strapped Democratic National Committee, and to help shoulder some of their primary and general election expenses. John McCain has already created his own Victory Fund with the Republican National Committee – but those funds are usually created after a nominee has been decided.

Obama and the DNC had come to an agreement several weeks ago.

“In signing this agreement, Senator Clinton and Senator Obama are demonstrating their commitment to unifying our party and ensuring that we have the resources needed to win the White House, no matter who the nominee is,” said DNC Chairman Howard Dean in a statement. The message is clear. Democrats are unified to put a Democrat back in the White House so we can get our economy back on track, bring our troops home and finally do something about our ailing health care system."

soundoff (219 Responses)
  1. GL

    Dean- you still look as crazy as you did when running for president.

    May 14, 2008 04:27 pm at 4:27 pm |
  2. Marie in California

    Good for them. As for me, I find Obama to be a "fatally flawed" candidate and, although I've supported Hillary throughout the primaries, I'll shift to McCain if Obama is the nominee.

    I'm a Democrat but I have very little in the way of so-called party loyalty. Instead, I support the candidate I believe will be the best person for the job, regardless of party affiliation.

    Obama flunked.

    May 14, 2008 04:27 pm at 4:27 pm |
  3. Big Easy

    I smell a dream team!

    May 14, 2008 04:28 pm at 4:28 pm |
  4. Taaj

    Obama don't sign until after you are the nominee.

    May 14, 2008 04:28 pm at 4:28 pm |
  5. Fernandez

    DNC should fire Howard Dean

    May 14, 2008 04:28 pm at 4:28 pm |
  6. karen

    hm.....I don't know...Obama better be careful, when it has anything to do with a Clinton it's hard to trust what they do. Obama, you better watch you money....

    May 14, 2008 04:28 pm at 4:28 pm |
  7. James

    Does that mean Obama-Clinton ticket?

    May 14, 2008 04:28 pm at 4:28 pm |
  8. Linda

    Well, Howard Dean don't hold your breath. Didn't Hillary sign an agreement not to count (seat ) Flordia and Michigan? Supposedly she was unified on that agreement. Unification is not Clinton's strong point.

    May 14, 2008 04:28 pm at 4:28 pm |
  9. peter

    Join it up Dems............about time to unite this party.

    May 14, 2008 04:28 pm at 4:28 pm |
  10. NC voter

    In other words the DNC is now realizing they shot themselves in the foot regarding Florida and Michigan. Any appeasement is day late dollar short politicking. Also is it me or does Dean look like a ventriloquist dummy in this picture?

    May 14, 2008 04:29 pm at 4:29 pm |
  11. Robert

    Howard Dean has been the worse leader of the Democratic party in decades. He is the reason the nomination has become a joke.

    May 14, 2008 04:29 pm at 4:29 pm |
  12. Cindy

    Yeah and who really wins in this deal-- Hillary of course. She's going to fundraise for the DNC? Her campaign is 20 million in debt, she'll probably take a few for herself, you think?

    The black man gets the raw end of the stick again!

    May 14, 2008 04:29 pm at 4:29 pm |
  13. B

    This is a joke! Dems are a joke! Why is Hillary signing anything. She can't raise money for own campaign. Does she plan to use her own money?

    May 14, 2008 04:29 pm at 4:29 pm |
  14. Susan Missouri

    Good.

    Hillary will end up winning the nominee

    Democrats, stick together,

    May 14, 2008 04:30 pm at 4:30 pm |
  15. YOLA

    Where is HRC going to get money to "shoulder some of their primary and general election expenses"? Pray tell!

    Oh, sorry, I forgot about the 109 mil!

    May 14, 2008 04:30 pm at 4:30 pm |
  16. Patriot

    Why not get a loan from the Clintons; they seem to have money to burn?

    Moreover, the Clintons have been
    cashing in on their White House days, and playing both sides of trade deals.

    May 14, 2008 04:31 pm at 4:31 pm |
  17. EJ

    This seems much better than Clinton looking for Obama to pay off her debt. She can always move on and stop the deficit. It's hard to believe the Clinton Campaign when they will also brag about how much money they just received from Donors immediately after a Primary Result.

    May 14, 2008 04:31 pm at 4:31 pm |
  18. NGANGA,Austin TX

    It is either gonna be Clinton will say she now can't pay her debts coz the danations are not coming to her but going to the party or she will hand over her debts to the party!
    OMG!!!!!!!!!!
    We now have to pay her debts after all the punishment of listening to her devide the party?

    May 14, 2008 04:31 pm at 4:31 pm |
  19. Alonzo Demetrius - FL

    Why would putting a democrat in the White House help with the economy, when they have both promised to raise taxes?? Or, after they pull our troops out of the Middle East, they have to be sent back when Al Quaeda swoops into the vacuum???

    May 14, 2008 04:31 pm at 4:31 pm |
  20. cnnuser

    Would any of this fund be used to cover Hillary Clinton's campaign debt?

    May 14, 2008 04:31 pm at 4:31 pm |
  21. Craig

    Whats she bringing her debt ?????????????

    May 14, 2008 04:31 pm at 4:31 pm |
  22. Concerned

    Democrats unite!!!!!!!!!!! C'mon-

    Let's get a Democratic Earthquake going in America. Let's take back the White House and turn it into the Right House.

    Let the past, hate, prejudice, etc., go and let's bridge the future!

    May 14, 2008 04:31 pm at 4:31 pm |
  23. Helen

    Watch out....you remember the last time Hillary signed an agreement.

    Go Obama

    May 14, 2008 04:32 pm at 4:32 pm |
  24. noemi in los angeles

    I will sure be donating to this fund.

    Enough is Enough.

    Democrats 08.

    May 14, 2008 04:32 pm at 4:32 pm |
  25. Right on!!!

    Hillary's on board. We cannot let McCain win!!!

    May 14, 2008 04:32 pm at 4:32 pm |
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