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Friday, August 3, 2012

Bill Clinton Stepping In to Assist in Obama Fund-Raising

By NICHOLAS CONFESSORE

Former president Bill Clinton will headline a New York City prospecting event for Priorities USA Action, the “super PAC” founded by former aides to President Obama, in August, a person with knowledge of the plans said on Thursday.

The event - a briefing for potential donors to the pro-Obama group - cements Mr. Clinton as one of the top rainmakers for Mr. Obama, a politician with whom he once clashed. Mr. Clinton also appeared at a high-dollar New York fund-raiser for Mr. Obama in June and will formally present him for the Democratic presidential nomination at the party's quadrennial convention a few weeks from now.

While Priorities has struggled to keep pace with the aggressive fund-raising of Republican counterparts like American Crossroads, the group has improved its pace in recent months, raising more than $6 million in June. It has also unveiled ambitious plans for the fall, recently reserving $30 million in advertising time in the final weeks of the campaign.