Release on Democratic Fundraising Agreement

Dean Announces Joint Fundraising Agreement with Clinton and Obama Campaigns

Washington, DC -Democratic National Committee Chairman Howard Dean announced today that the DNC has signed a joint fundraising agreement with the Clinton and Obama campaigns.

As part of the agreement, a new entity, "Democratic White House Victory Fund," has been formed. The fund will allow both candidates to raise money for the Party, forming one joint fundraising committee account that will accept money for the nominee's primary and general election and for the DNC.

"The Democratic Party is incredibly fortunate to have two strong candidates who have generated transformational enthusiasm across the country. We've seen historic turnout as new voters have come out to show their support for our candidates and fundraising numbers have been through the roof," said Democratic National Committee Chairman Howard Dean.

"While this is a close primary, at the end of the day both of our candidates understand that this election is about the future of our country. In signing this agreement, Senator Clinton and Senator Obama are demonstrating their commitment to unifying our party and ensuring that we have the resources needed to win the White House, no matter who the nominee is. The message is clear. Democrats are unified to put a Democrat back in the White House so we can get our economy back on track, bring our troops home and finally do something about our ailing health care system."