July 28th, 2010
11:50 AM ET
8 years ago

Obama picks up fundraising pace

President Obama is headlining four DNC fundraisers this week .

President Obama is headlining four DNC fundraisers this week .

Washington (CNN) - With less than 100 days until November's midterm elections, it appears that President Barack Obama is picking up the pace when it comes to helping out his party with fundraising.

This week the president is headlining four fundraisers for the Democratic National Committee. Wednesday, after giving a speech on the economy in New Jersey and after taping an interview with ABC's "The View" in New York City, Obama is the main attraction at two Manhattan fundraisers - one at the Four Seasons Hotel and one at a private residence. A source with knowledge tells CNN that the private residence belongs to Vogue editor Anna Wintour.

Guests attending the Wednesday night events are asked to give the legal maximum contribution of $30,400 per election cycle, according to a Democratic source.

Tuesday night the president headlined a DNC fundraiser in the nation's capitol, and with another DNC event in Washington D.C. scheduled for Thursday night. Next month Obama continues the fundraising push with events for the party in Atlanta, Chicago, Dallas and Austin, Texas.

Democrats need millions of dollars to defend their majorities in the House and Senate this November, and they hope the president can continue to bring in the big bucks.

As of the end of June, the DNC had nearly $11 million cash on hand, with nearly $3.9 million debt. Their GOP counterpart, the Republican National Committee, reported $10.9 million in the bank, with just over $2 million in debt.

–CNN Political Research Director Robert Yoon contributed to this report

–Follow Paul Steinhauser on Twitter: @psteinhausercnn

Filed under: 2010 • DNC • President Obama
soundoff (74 Responses)
  1. Luke

    Stick with what your good at – self promotion and that about it.

    July 28, 2010 11:53 am at 11:53 am |
  2. ronalde

    he needs to because the forces are agains't the dems,and him even he has done more for this country than the last 4 presidents people still don't want him WHY.

    July 28, 2010 11:59 am at 11:59 am |
  3. Naqib

    Might as well... he isn't doing anything else. Fund raiser in Ohio, trip to the golf course, hang out with Woopie, trip to the golf course...

    Play the fiddle while Rome burns... 28 months... then one and done

    July 28, 2010 11:59 am at 11:59 am |
  4. Andrew Breitbart is a bottom-feeding, open festering wound on the American political scene . . .

    Guess who is trying to buy US elections? The head of Massey Coal – Don "screw the coal miners safety" Blankenship.

    This same guy who bought a West Virginia Supreme Court judge.

    Now that's news, CNN.

    July 28, 2010 12:00 pm at 12:00 pm |
  5. Obama wants your money

    Hmmmm. It seems that if he isn't golfing or partying, he's campaigning or at a fundraising event. It's sad that politics is all about being reelected (fundraising....).

    This guy has passed a lot of unsustainable policies that I hope get repealed after the 2010 elections. Obama has done more long term damage to our economy than anyone in the past 25 years.

    Obama, stop spending.

    July 28, 2010 12:01 pm at 12:01 pm |
  6. Ron in california

    It's all about the money. Maybe he should spend to time actually being President.

    July 28, 2010 12:02 pm at 12:02 pm |
  7. False conspiracy fears are GOP Taliban tactics

    The republicans already have 43 seats in the senate (including Lincoln and Nelson), which is a majority out of 100 in a democracy.

    July 28, 2010 12:03 pm at 12:03 pm |
  8. Bob in Pa

    A great Campaigner in Chief but a lousy President.

    July 28, 2010 12:03 pm at 12:03 pm |
  9. Jack

    Fundraising is more important than trying to ruin, I mean run, the country. As once said by a "politician"..."we have to save our phoney-baloney jobs".

    July 28, 2010 12:07 pm at 12:07 pm |
  10. Laura, Massachusetts

    who has $30,400 to give?

    If I had money like that...I would give it to families who are out of work due to the oil spill or just plain unemployed due to Obama's policies.

    July 28, 2010 12:08 pm at 12:08 pm |
  11. buckwheat

    Is it time to band together and request Obama step down? I think we are now headed that way!

    July 28, 2010 12:10 pm at 12:10 pm |
  12. Mo

    I thought that was his full time gig all along.

    July 28, 2010 12:12 pm at 12:12 pm |
  13. jim

    It's too bad these rich donors can't give their money to charieties to be used in causes that would help the needy.For instance ,that 30,000 dollars being instead donated to a homeless shelter or some families that worry about heating their homes in the dead of winter would make a difference in the lives of so many people.

    July 28, 2010 12:13 pm at 12:13 pm |
  14. kat

    We need a President, not a professional fundraiser!!! What a dork!

    July 28, 2010 12:17 pm at 12:17 pm |
  15. America's Leadership: The-New-Three-Stooges: Obama, Pelosi, & Reid

    All the money in the world won't get a majority of the American people to swallow the lies the DemocRATS are trying to sell to the American people.

    It is amazing that these fools actually believe the problem is that they just haven't sold their BS enough, just haven't communicated enough (as if the hundreds of OBOZO speches isn't enough), just haven't lied, I mean, said enough about all the new laws and bigger government. Yes, the American people are just too damned stupid to understand it all! Why can't we just believe and understand that you're big government and you're here to help us?! I guess because we're not as stupid as you think we are!

    July 28, 2010 12:21 pm at 12:21 pm |
  16. Seriously?

    It's a good thing he has nothing more pressing. He apparently has a lot of time on his hands. I don't know what in the world I was worrying about (failing economy, rising deficit, increased taxes, a corrupt government. . . . . . . . . . . . .)

    July 28, 2010 12:24 pm at 12:24 pm |
  17. Anonymous

    does this guy ever work???? talk shows, vacations, weekly golf, celebrity photos and fund raising events. I guess the economy and us "regular Americans" just don't understand what the President of the United States is suppose to be doing, we are just expected to keep on paying taxes for this type of stuff and be grateful for this administration.

    July 28, 2010 12:27 pm at 12:27 pm |
  18. Fair is Fair

    "Guests attending the Wednesday night events are asked to give the legal maximum contribution of $30,400 per election cycle, according to a Democratic source."

    In what could be construed as related news, CNN has learned that confirmed attendees include such notables as Scooby Doo, Mickey Mouse and his wife Minnie, Moe Howard, Larry Fine, and Curly Howard. Sources within the White House would not confirm nor deny the relationship between these attendees and "the legal maximum contribution of $30,400 per election cycle".

    July 28, 2010 12:28 pm at 12:28 pm |
  19. nan

    His priorities are all screwed up. He should try running the country and listening to the people instead of glad-handing & fund-raising. What an egotist!

    July 28, 2010 12:29 pm at 12:29 pm |
  20. Four and The Door

    Democrats need millions of dollars to defend their majorities in the House and Senate this November..
    They will not be able to buy their way past the last 2 years of mismanagement, ineffectiveness and abuse of procedure to drive their far left agenda.

    They will not be able to raise enough money to convince Americans that the sharp increases in both unemployment and national debt on their watch is acceptable.

    American voters are going to finally get heard on Captol Hill. American voters do not want a congress that disregards public opinion so blatantly as this congress has. The Democrats in Congress did everything Obama told them to and none of it has worked. Time's up!

    July 28, 2010 12:30 pm at 12:30 pm |
  21. aproudmemberoftheunpatrioticmob

    Smells like desperation, corruption, ineptness, mismangagement, theft and lies. Oh, its just Obozo corrupting the nation.

    July 28, 2010 12:39 pm at 12:39 pm |
  22. e.c.coleman

    obama should stop this nonsense on Taxpayer Dollars and
    FOCUS ON THE ECONOMY AND JOBS, jobs, jobs, jobs, jobs.

    Hopefully, this infinite incompetence will soon be over with and
    finished forever and ever.

    July 28, 2010 12:43 pm at 12:43 pm |
  23. Rick McDaniel

    Doesn't matter how much money they raise........they can't buy my vote.

    July 28, 2010 12:45 pm at 12:45 pm |
  24. Enough

    well when that's all your good at.............the country is going down the tubes and this man is oblivious.

    July 28, 2010 12:48 pm at 12:48 pm |
  25. Amazing

    Glad he has all this free time, I mean its not like North Korea is threatening to launch a nuclear attack on the US, the economy sucks, jobs are weak, immigration, Afgan, Iraq, Obamacare (my health insurance just went from 404 to 600 per month), financial reform that omits Fannie & Freddy, etc. etc. Boy im gald he foudn time to see the ladies on the View!

    July 28, 2010 12:52 pm at 12:52 pm |
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