July 28th, 2010
11:50 AM ET
4 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. Would Tim Mcveigh be a Tea Party hero today?

    Good for the Commander in Chief,he will easily be relected and we will maintain congress.

    July 28, 2010 12:52 pm at 12:52 pm |
  2. America's Leadership: The-New-Three-Stooges: Obama, Pelosi, & Reid

    Wait a minute! Wasn't it Obozo and the DemocRATS denigrating the USSC about their ruling? Whining and crying about how corporations will be able to buy elections? But somehow THIS is different??!! People "donating", what for some is a year's wages, to keep the tax cheatin' DemocRATS in office to further tax, cheat and steal? Unbelieveble... These people MUST be driven from office, in disgrace.

    July 28, 2010 12:54 pm at 12:54 pm |
  3. stormerF

    All Obama has done is campaign,Since he has been in office,How much is this going to cost the Tax Payers? Can he not just try being President for a Frickin week instead of Fundraising and Campaigning?

    July 28, 2010 12:55 pm at 12:55 pm |
  4. Ofailure

    This is why they should get rid of affirmative action. If so he would not have gone to harvard did not have the grades or scores per fatty michelle and now he is showing why it does not work. he is a studdering idiot.

    July 28, 2010 12:55 pm at 12:55 pm |
  5. Gina Moreno

    1% of the population has 90% of the money in America, if 1% of the population was to organize it could create more wealth for the 90%

    July 28, 2010 12:59 pm at 12:59 pm |
  6. jim

    curious how bitter these obvious conservative posters are. none of them recognize the amount of work that's been done. none of them recognize the lowest tax rates we've seen in the last 50-ish years. none of them recognize the turning around of the economy and the beginning of job growth. none of them recognize the change of opinion the world has of the US of A in the short time he's been inoffice. none of them recognize the profound stonewalling and obstructionis actions the republicans have engaged in.

    July 28, 2010 01:00 pm at 1:00 pm |
  7. Mike

    Fundraising, vacations, golf, more vacations, lining his pocket with big corporate and celebrity loot...

    Yup, that's what you call Change We Can Decieve In.

    July 28, 2010 01:02 pm at 1:02 pm |
  8. MAC

    He can raise money for democrats but he cannot congradulate the Boy Scouts on their 100 years of service to develope good citizens for America. I think the over 100 million former scouts and their families should thank the President in 2012 by not voting for him or his party.

    July 28, 2010 01:04 pm at 1:04 pm |
  9. Betty SC

    People please stop the nonsense of saying Obama should be doing this and that. It is not him that is stalling on everything the country needs, it is the Republicans. Remember Republicans are the evil doers now and don't want nothing for you or I and that is a huge mistake for this country. Try focusing on positive things instead of negative and we as a country will succeed.

    July 28, 2010 01:06 pm at 1:06 pm |
  10. mj

    He has no morals. Since he started his presidential campaign all he has done is more of the same. Parties, vacations, campaigning, forcing his personal agenda against the will of the people who have to pay for this hypocrisy. He has no true compassion for American. Have you heard how much they are "charging" to attend his Birthday Party? Makes me sick.

    July 28, 2010 01:10 pm at 1:10 pm |
  11. virginia nielsen

    I'm happy that I know what this prez is doing around the country... is not like Bush and Dart Vader that use to do everything hidden from the american people and now we know that Bush, with two wars going on, the financial system going down etc and he stiil took 183 days off !!!

    July 28, 2010 01:10 pm at 1:10 pm |
  12. Carmen

    If every Republican would or could feel the pain that the american people are going through with no money to pay bills then they would stop the messy deals that they face in making this country go bankrupt. Obama is trying to help but he can't do it along. Why don't some of you people who are so negative stop and think what woulda or coulda happen if he hadn't stepped in and made a change. There are jobs but most of them are not for hire for African-Americans, Latino, and others of different race. So this is the reason we don't have jobs. People start knocking on business doors and demand that they hire you not for your skin color but because you need a job,

    July 28, 2010 01:10 pm at 1:10 pm |
  13. all of America

    He will lecture a few people on how to lie and get the public to believe it !

    July 28, 2010 01:12 pm at 1:12 pm |
  14. Dave

    Give them money so they can then take our money too!

    July 28, 2010 01:16 pm at 1:16 pm |
  15. Shameless Huckster

    Guy goes on the View, a gossip pop show, for publicity instead of honoring the Boy Scouts on their 100th anniversary. But it's probably fitting...

    July 28, 2010 01:16 pm at 1:16 pm |
  16. Ex-republican

    Cry GObP, cry! This is only that you are good at !

    July 28, 2010 01:17 pm at 1:17 pm |
  17. southern cousin

    Ronaide@He is only helping the dope smoking, non working, non taxpaying and the unions. He has lied to and screwed over the rest of us. Remember his lies. Remember how he degreades and demeans any successful people who contribute to society while enjoying the praise of Paul McCartney and Joy Behar.

    July 28, 2010 01:17 pm at 1:17 pm |
  18. Padraig

    All Presidents have done this, so this is nothing new. I don't think he is a good leader but the people who object to the President and his policies need to stick to what is important which is-
    1. High unemployment
    2. Government take over of our civil rights
    3. Two wars that he promised we would be out of
    4. Health care debacle

    If you want to stop him you need to vote the representatives and senators who support him out of office. Without the support and votes he will become a lame duck President.

    July 28, 2010 01:18 pm at 1:18 pm |
  19. Orlando Patriot

    You destroy this country AND able to convince unintelligent fools to contribute for further destruction? GOOD LUCK!! You have a Democrat Party that took control in Congress and initiated policies that killed the private sector throwing our economy into a tailspin. Then the Community Organizer is elected (that has never worked one day in his ENTIRE life at a REAL job in the private market) initiates policies that FURTHER destroy this country.

    Now we have unemployment near 10% (with no sign of improvement), our houses have dropped in value 50%, we have added over 3 TRILLION DOLLARS (that's right, with a "T") to our national debt with no slowing down, as well as EVERY possible law that could negatively affect the private business sector (health care, financial reform, largest tax increase in U.S. history when they let the Bush Tax Cuts expire, etc.). Businesses have already made it clear that they have no intentions of hiring right now until they know HOW MUCH MORE their taxes are going up. End result is no more hiring to take place. Finally, we have cities going bankrupt (and our country right behind them) because they have NEVER LEARNED THAT YOU CAN'T SPEND MORE THAN YOU BRING IN!!!

    This administration is the definition of failure and if we don't stop them in November you will not even recognize your country in 5 years (if there is even a country left).

    July 28, 2010 01:21 pm at 1:21 pm |
  20. eunice

    WHY DON'T EVERYONE THAT IS COMPLAINING ARE HATE PRESIDENT OBAMA VOTE REPUBLICAN (THE PARTY OF NO) 1. no to extended unemployment benifits because (Repub call americans lazy, 2. anyone in your family that have pre-exiting condition the hell with you republicans says for you to go to a health clinic to get treated. and CRAZY, DUMB, STUPID, QUITTER SARAH PALIN IS DUMB BOY IS SHE DUMB ,,, SHE HAS GOTTEN RICH AND I MEAN RICH FROM EVERYBODY THAT LISTENS TO HER SHE WILL NOT GET RICH OFF OF ME-- SOMEBODY NEEDS TO ASK HER WHAT IS HER PLAN FOR, PRE-EXITING CONDITIONS AND THE UNEMPLOYED SO WHEN ALL OF YOU VOTE REPUBLICAN IN 2012 LET ME KNOW HOW EVERYTHINGS WORKING OUT FOR YOU

    July 28, 2010 01:23 pm at 1:23 pm |
  21. RichP, easton, pa

    He's doing what he's good at, running for office and raising money, if not for himself then for others. I wonder if he actually knew about the exemption from the FOIA exemption the SEC now has.

    July 28, 2010 01:26 pm at 1:26 pm |
  22. Wisconsinite - Vote NO to the GOteaP in November & 2012

    I am really tired ot the idiots who constantly (and seeminly proudly) show their ignorance to the rest of us by posting crap about how this is somehow NOT something every POTUS has done! It's NOT unique to this President, morons! It's called helping your political party win so you can keep moving your agenda forward. It actually is not "self-promotion" and it's not "fiddling while Rome burns" and it IS all about being President and trying to accomplish what you set out to do WHILE you're President. How did this country get so d@mn ignorant, that's what I want to know??!

    July 28, 2010 01:29 pm at 1:29 pm |
  23. MAC

    Obama can fundraise but he cannot do his Constitutional Duty of upholding the laws of the USA including the immigration laws.

    July 28, 2010 01:29 pm at 1:29 pm |
  24. Mike, Albany

    The fact is that both parties have failed this country. Our politicians are self-serving morons. But given that America has stopped valuing education, intelligence, and intellectualism, can it be any wonder. My solution: Let's start electing scientists and mathematicians to public office. These are the people who are trained to solve problems, have a mastery of methodology, and are capable of understanding what numbers mean.

    July 28, 2010 01:30 pm at 1:30 pm |
  25. New Age Independant

    At a time when the economy is floundering, when immigration is a monster topic, when Democrat scandals are everywhere, Obama finds himself campaigning more? Did we elect the "Commander in Chief" or the "Campaigner in Chief"?

    July 28, 2010 01:32 pm at 1:32 pm |
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