Monday, March 29, 2004

Kerry Looks to Raise $20M in Six Weeks

John Kerry is focusing on raising the tens of millions of Democratic dollars he no longer must split with his rivals for the nomination while President Bush, sitting atop $170 million in donations, is turning his attention to bringing in money for the GOP and congressional candidates.

"We are focused on raising what we need to compete," Meehan said. He noted Bush's record campaign fund raising, which so far stands at more than $170 million, compared to at least $60 million for Kerry.

Kerry hopes to raise $20 million for himself in 20 cities during the next six weeks, starting Monday with a luncheon at the Sacramento home of developer Eleni Tsakopoulos-Kounalakis and her husband, Markos Kounalakis, president and publisher of The Washington Monthly. The event raised $250,000 to $300,000.

Kerry raised about $3 million Monday night at a fund-raiser in San Francisco with 1,000 donors, according to Kerry's California finance co-chairman John Roos. Kerry also had fund-raisers planned Tuesday in San Diego and Los Angeles.

Kerry's fresh push for money comes as the DNC tries to narrow the Republican National Committee's multimillion-dollar cash advantage. Through last month, the DNC had raised about $56 million, compared to nearly $139 million for the RNC.


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