President Obama is “signaling to wealthy Democratic donors that he wants them to start contributing to an outside group supporting his re-election, reversing a long-held position as he confronts a deep financial disadvantage on a vital front in the campaign,” the New York Times reports.

Washington Post: “The move marks a clear political risk for Obama, who has staked much
of his political career on opposition to the outsized role of ‘secret
billionaires’ and other monied interests while also attempting to win
reelection in a struggling economy.”
Taegan Goddard’s Political Wire