Democrats Can't Find Cash for Convention

Democrats aren’t just wringing their hands over who they’ll nominate at their national convention—they’re also wondering who's going to pick up the tab. The Denver host committee has raised just $25 million of the $40.6 million it needs by June 16, the New York Times reports, which has Dems scrambling to find donors—or scale back plans.

“We will raise the money,” vowed a host committee spokesman. “We can’t make any excuses.” But excuses abound—most notably that the long primary race is sapping donations. The Republicans, by contrast, have already raised 80% of their $39 million goal. To make up the ground, the host committee is aggressively courting corporate sponsorships, offering access to key politicians in return.