From NBC's Domenico Montanaro
In an effort to set expectations the day before the second fund-raising quarter ends, the Obama campaign wants to make clear the distinction between primary and general election money. In a memo e-mailed by Obama's camp, they point out that "the only figure that truly matters is the total money raised for the primary."
"The eventual nominee will be able to raise sufficient funds for the general election, so there is no strategic advantage to raising general election funds now," the campaign writes. "In reality, the funds raised for the general election serve no purpose other than inflating a candidate's total."
The Obama campaign's obvious intent here is based on the expectation that Clinton will have raised a lot of general election funds as she did in the first quarter.