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."
From CNN Politics
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Excuse me but Hillary is broke and owing $20m. If she can't raise money for her own campaign how the heck is she going to raise any for the DNC? Be careful DNC, Hillary's creditors may come after you to make good what she owes them.
If Howard Dean wants money from Obama he needs to come out with it and stop making it look like Hillary has any fund raising value. Maybe she can call on the appalachia mountaineers, the bitter church going Pennsylvania and Ohio gun lovers and the retired old women who are egging her on to punny up the cash or stop dividing the party.
No way I am donating to anything with Hillary's name on it.
Why does CNN censor Hillary supporter comments?
Unified...........Really ? As well as on a revote for Florida and Michigan
H. Clinton signed this just like she signed the agreement for Michigan and Florida????? Get her out and tell her to get with the D. Party. Give me a break from the wimpy Democratic leaders.
Good move. This paves the way for them to unify and win the White House.
If only the Obama and Hillary supporters can come to an agreement as well . . .
OBAMA 08
Billary don't have any money nor the ability to raise money.
The headlines should read Obama agrees to a joint DNC fund raising
well its obvious Clinton's campaign is broke and in debt so thats why this fund was created
unite the clans! Defeat McBush!
Hillary just wants her $20 mil back.
This is as brilliant an idea as the one about creating "Super Delegates".
This is another step to insulate the party from the people.
Now giving money to a candidate does not even go to the candidate.
Eventually they will need to change their name from Democrat since "the people" are secondary to the "party".
No way we Hillary's supporters will vote for OBAMA. What a silly thought from H. Dean, Nancy Pelosi. Kennedy and other leaders of the DNC to think that after misstreating Senator Clinton during the whole process, showing clear favoritsm, not aasking the media to be fair to both candidates, pressing Clinton to kind of cover Obama's lack of experience and not being vetted, allowing sexism and not steping up against racial issues from Obama's campaing that now we should support Obama.
Obama has not been vetted. Obama is not the different kind of politician he says he is. He has shown that he is an average and vulgar politician, very ambitious that will betrayed his own pastor and friends. WE do not trust him, we do not identify with him.
Senator McCain seems to be a more experienced, honest, with a real record of going bipartisan in so many issues in Congress and will be a much better president for regular and average Americans
This is simply the DNC’s way of exploiting Obama to bail out the heavily indebted Clinton in the wake of her horribly mismanaged campaign.
They will get no more of my money unless Hillary is at the top of the ticket!
Is this a move to refund Hillary her "loans" to her campaign?
Hillary is to blame. The longer she drags it out, the shorter the Democrats' pocket gets. She's put the entire party on hold while we politely wait for her to bow out.
Who's brilliant idea is this?! Howard Dean's? Personally I wouldn't contribute a dime, not as long as hillary is involved.
Democratic BS. She doesn't have money and nobody will support her
anymore (except sick very blue color, only sick). She destroyed herself and continue destroying her daughter (morally) and her husband (physically), they are working too hard for her... for what? She started as a great woman and now she is a witch.
not the point, tell hilary to stop her stupid race card and go home
Go away DNC for not counting the votes in Michigan and Florida.
Nobama. I will be voting against my local elected officials their next terms that endorsed him.
I have been waiting all year to hear news like this. It is so refreshing to see the two candidates working together to help either one get to the White House. Although I support Barack Obama, I can finally give Hillary Clinton her due respect for taking that step.
Who knows maybe an Obama/Clinton ticket?
That is a great idea. The Republivan and their swift bost ads that are coming, be it Obama or Clinton will need to be hammered hard by the Democrats to win back the White House
Good!!! Let the healing begin.
A Hillary Supporter/ Dem Voter
Oh great. Now Billary millionaires get to tap into free money to get a refund on their $10 million they stuck into her failing campaign. That's really choice.