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Obama, Clinton agree to raise money together for Democratic Party
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08:52, May 15, 2008

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U.S. Democratic presidential candidates Barack Obama and Hillary Rodham Clinton have agreed to raise money together for the party despite their fierce nomination contest, the party's headquarters said on Wednesday.

The Democratic National Committee (DNC) said it had signed agreement with New York Senator Hillary Rodham Clinton and Illinois Senator Barack Obama to begin raising money together for a newly-established body, Democratic White House Victory Fund.

According to the committee, donors can contribute up to 33,100 U.S. dollars to the fund to benefit whichever candidate becomes the party's presidential nominee.

The two major parties are wrestling for popular votes and also campaign fund as the November general elections loom.

By the end of March, the DNC had 5.3 million dollars in its account, while their Republican counterpart has 31 million dollars.

However, the two Democratic presidential contenders have shown stronger momentum in fundraising, especially collection donation online.

Obama began the month of April with 42 million dollars in the bank, in comparison to Clinton's 9.3 million dollars in bank.

The DNC's move also downplay the perspective that the tied and prolong presidential nomination race had deepened the split among Democrats, indicating the party can resume unity to take over the White House in the November general elections.

Source:Xinhua



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