WASHINGTON (CNN) - President Barack Obama is the main attraction Monday night at a fundraiser in Miami for his party.
A Democratic source tells CNN that the reception and dinner will bring in $1.5 million for the Democratic Senatorial Campaign Committee and its House counterpart, the Democratic Congressional Campaign Committee.
A similar DSCC-DCCC joint event held in June in Washington and also headlined by Obama raked in nearly $3 million, according to party sources. Both the DSCC and DCCC out raised their Republican counterparts in September and both committees hold an edge over the Republicans when it comes to cash on hand.
The event in Miami is the latest in a string of fundraisers for Obama. The president headlined big dollar fundraisers in New York and San Francisco over the past two weeks for the Democratic National Committee and Friday he helped raise money for fellow Democrats Gov. Deval Patrick of Massachusetts and Sen. Chris Dodd of Connecticut.
The Republican National Committee announced Monday that they would air a new Spanish language radio ad Monday through Wednesday in the Miami media market.
"President Obama and Vice President Biden are moving forward with a reckless government-run health care experiment that will have a devastating impact on American families," said RNC Chairman Michael Steele in a statement.
Steele says that despite Obama's "jam-packed fundraising schedule," the president should "find some time to explain to Florida's Hispanic-Americans the real consequences that the Democrats' plan will have on their community."
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