Obama Backers Seek Big Donors

President Obama’s political team “is fanning out across the country in pursuit of an ambitious goal: raising $50 million to convert his re-election campaign into a powerhouse national advocacy network, a sum that would rank the new group as one of Washington’s biggest lobbying operations,” the New York Times reports.

“But the rebooted campaign, known as Organizing for Action, has plunged the president and his aides into a campaign finance limbo with few clear rules, ample potential for influence-peddling, and no real precedent in national politics.”