The presumptive Democratic presidential nominee has decried the practice and vowed to reform convention funding, but the Denver Host Committee was facing a budget shortfall. "Facing a large deficit in the Democratic National Convention budget, officials from Barack Obama’s campaign have begun personally soliciting labor unions and others for contributions of up to $1 million. In exchange, donors could get stadium skyboxes for Obama’s acceptance speech and other perks. Obama has regularly criticized politicians seeking large donations outside the framework of campaign finance regulations — so-called soft money — while touting the virtues of relying on small donations. But campaign...
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Barack Obama campaign soliciting 'soft money' for convention
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