The Republican Money Problems →
During the last few months a very strange political development has occurred. Most of the Republican candidates seeking to unseat President Obama in November have encounteredserious trouble raising money. By April of 2007, Hillary Clinton had raised $36 million; and Barack Obama had raised $24 million. No Republican candidate today has even approached these totals. Some Republican candidates, like Mitt Romney, can finance much of their campaigns themselves, but financing an entire presidential campaign is extremely expensive and should not be necessary for candidates, particularly Republican candidates, who enjoy significant political support.