Another backfire: Chamber of Commerce says WH attacks are helping

U.S. Chamber of Commerce President Tom Donohue says a campaign by the White House and its allies to undermine his $200-million-a-year association has largely failed — and actually has helped raise even more money for its pro-business efforts…

If the combination of Obama policies and attacks on the Chamber turns business against Democrats, it could have a big effect on elections. Many businesses, spooked by the crackdown on soft money, have been reluctant to fund groups outside of the Chamber in recent elections. If they are motivated, Republicans will have a much better chance at reclaiming the money edge that they once enjoyed but have let slip away in recent years.

Several CEOs have told POLITICO in recent weeks they have gone from genuinely uncertain about Obama’s economic views to authentically concerned. And the outcome of climate change, health care and regulation could turn much of business against the president’s goals.