(CNN) - President Barack Obama will help his party raise money Thursday night.
The president is the main attraction at a small fundraising dinner at a private residence in the nation's capitol. A Democratic Party source tells CNN that the event is expected to bring in around $1 million for the Democratic National Committee.
Obama then heads to a concert at Daughters of the American Revolution Constitution Hall featuring hip-hop artist B.o.B. The Dem source says the sold out event is expected to bring in $750,000 for Gen44, a group housed within the DNC, which the party says is geared towards the "cultivation of a rising generation of Democratic leaders."
The DNC has pledged to spend $50 million this midterm election cycle.
Follow Paul Steinhauser on Twitter: @psteinhausercnn