WASHINGTON - With Democrats now eyeing the sprint toward Election Day, party insiders are focused on a race they've already conceded: the big-money chase.
National Republicans have a massive fundraising lead that Democrats fear could swing the tide of the presidential election come November.
Democrats are scrambling to make up ground as their wealthy donors watch from the sidelines, reluctant to embrace new campaign finance laws that allow unlimited contributions to political causes.
As co-founder of super political action committee Priorities USA Action, 35-year-old University of Minnesota graduate Bill Burton was on the front lines of the effort at the Democratic National Convention this week, making connections and raising cash with hopes of keeping President Obama in the White House.
The adjustment of Burton, who came to the job with no background in fundraising, has mirrored the Democratic Party's struggles in a new era of corporate, union and billionaire activist influence in federal politics. Burton and his team are charged with wooing big donors, many of whom have taken cues from the president and steered clear of super PACs.
"It's put a drag on the ability of Democrats to raise that money. There's internal conflict for many of those donors," said Nick Nyhart, president of Public Campaign Action Fund, a Washington, D.C.-based watchdog group.
Burton's group raised $10 million in August -- a record amount for them -- but still faces a wide fundraising gap.
The outside money funneled through super PACs has been a boon for Republican candidates. The super PACs that support Republican presidential nominee Mitt Romney, such as American Crossroads and Restore our Future, have spent tens of millions of dollars in key states on ads critical of Obama.