Obama-DNC Fundraising Deal

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After a series of discussions, the Obama campaign and the Democratic National Committee have decided to file papers with the Federal Election Commission establishing a “joint fundraising agreement.” Under the law, such a committee can accept up to $28,500 from individuals, most of which would go to the DNC.

Presumptive Republican nominee John McCain has already formed such an alliance with the Republican National Committee. Their group — called Victory — was created in March after McCain clinched the GOP nomination and is headed by McCain adviser Carly Fiorina.

Sources say the DNC has also held talks with Hillary Clinton’s campaign about forming a separate vehicle with her, but that no deal has been struck.

The fact that the Obama campaign is moving forward and Clinton is not at this time reflects certain important realities: Obama’s team is more confident that he will win the nomination than is Clinton’s — and Obama’s campaign has the necessity and luxury of thinking about and planning for the general election to come.

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