As noted previously the Democrats have been running into fundraising problems for their Convention. The New York Times reports “problems range from the serious — upwardly spiraling costs on key contracts still being negotiated — to the mundane, like the reluctance of local caterers to participate because of stringent rules on what delegates will be eating, down to the color of the food.”

Reportedly costs to renovate the Pepsi Center in Denver are now running $6 Million over budget. Massive costs for lavish officespace and “overly ambitious environmental goals — to turn the event into a “green” convention — have backfired as only three states’ full delegations have so far agreed to participate in the program” have been cited.

Meanwhile the LA Times has confirmed that Obama will move his acceptance speech from the Pepsi Center to nvesco Field at Mile High, a move that will echo John F. Kennedy’s acceptance speech in 1960.