Obama Sees Decrease In Cash From Big Donors

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While still ahead of Mitt Romney in fundraising, President Obama’s campaign is seeing a decrease in the amount of cash received from major donors, reports the New York Times

From Wall Street to Hollywood, from doctors and lawyers, the traditional big sources of campaign cash are not delivering for the Obama campaign as they did four years ago. The falloff has left his fund-raising totals running behind where they were at the same point in 2008 — though well ahead of Mr. Romney’s — and has induced growing concern among aides and supporters as they confront the prospect that Republicans and their “super PAC” allies will hold a substantial advantage this fall.

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