Wednesday, June 18, 2008

Democratic Convention Host Lagging on Funds

The committee that will host the Democratic National Convention announced this week that it is $10 million short of the $40.6 million it promised to raise by mid-June.

Organizers of the Denver 2008 host committee blame the sluggish economy, the city's limited corporate base and the distraction of the long Democratic primary fight, which Sen. Barack Obama (D-Ill.) won less than two weeks ago.

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