President to fundraise while in New York City
September 19th, 2011
10:36 AM ET
3 years ago

President to fundraise while in New York City

Washington (CNN) - President Barack Obama heads to New York City Monday afternoon, for three days of meetings at the United Nations General Assembly (UNGA).

But with his re-election 14 months away, the president will fit in some politics. According to the White House schedule, Obama will headline a Democratic National Committee event at a private residence in New York City Monday evening.

A source with knowledge of the gathering says approximately 60 people will attend the fundraiser, with tickets for the event listed at $35,800 per person, the maximum amount an individual can contribute to a campaign and a party committee per year. The money raised from the fundraiser will go to the Obama Victory Fund, with the proceeds shared by the president's re-election campaign and the DNC.

The president and the DNC combined to raise a record $86 million in the second quarter of this year. The third quarter of fundraising comes to a close at the end of the month.


Filed under: Fundraising • New York • President Obama • United Nations
soundoff (15 Responses)
  1. Sequoia

    OBAMA 2012! Bring in that $$$ and kick their butts!

    September 19, 2011 10:53 am at 10:53 am |
  2. NYC REPUB

    Obama 2012!!! Raise that money to fight the GOP!!!

    September 19, 2011 10:58 am at 10:58 am |
  3. Rudy NYC

    Someone has a "private residence" in NYC that can handle a dinner crowd of 60. Impressive. Most impressive. But, they will probably be at a privately owned restaurant or business, not someone's actual private residence. Their are not many private residences that large in NYC, at least not in Manhattan. Plenty of them outside of the city limits, though.

    September 19, 2011 10:59 am at 10:59 am |
  4. Rick McDaniel

    Frankly, it is my view, that anyone who would donate campaign money to this man, is a subversive.

    This man is trying to bankrupt our country from within!

    September 19, 2011 11:03 am at 11:03 am |
  5. AC

    While in New York, Obama should kick Bloombergs A** for making the most stupidest STATEMENT regarding riots in America.

    September 19, 2011 11:05 am at 11:05 am |
  6. Ed 1

    Your job plan and tax increases are all you know how to say.

    More jobs raise taxes on the rich, which owns the companies we work for, they will pass the increase to the customers, and you got it a tax increase that we will pay for not the rich.

    You need to get out of the business sector you can't even run the government without spending more than what you have.

    You are a sorry excuse for a leader and President you really don't have a clue.

    Not since Carter have I ever been this bad as a President but you have to be the worse I have ever seen.

    I am sorry for you and the rest of this great Country with your no leadership and the best you can do is raise taxes and spend what you don't have.

    Your jobs bill is a joke keep the people here that are legal and send the rest home and you will have 8-10 million jobs that the people will pay taxes or that might be to easy for you and your party to understand.

    Go flat tax rate everyone should pay taxes the free rides should be over but again I guess you just don't get it. I am tired of paying taxes so other people don't have to or work.

    September 19, 2011 11:12 am at 11:12 am |
  7. Rudy NYC

    Rick McDaniel wrote:
    Frankly, it is my view, that anyone who would donate campaign money to this man, is a subversive. This man is trying to bankrupt our country from within!
    -------------
    Strong language coming from someone who supports people who have already done exactly that. Our current trillion dollar deficits are GWB's good-bye present to the USA. The deficit for his last year, FY2009, in office was well over a trillion dollars. Most of the deficit is a result of conservative greedy-ology. Their efforts have been a resounding success. Most of us do not want to see them finish the job that they have begun.

    September 19, 2011 11:14 am at 11:14 am |
  8. Mary

    Rick McDaniel

    Frankly, it is my view, that anyone who would donate campaign money to this man, is a subversive.

    This man is trying to bankrupt our country from within!
    *************************************************************************************
    You are exactly correct, Rick McDaniel, and millions that voted for Obama now see how he is trying to destroy our country. Took awhile, but they got their heads out of the sand. These same people won't vote for him again and he'll be out in 2012. Like they say, 'fool me once shame on you, fool me twice and shame on me'. These people won't be fooled again.

    September 19, 2011 11:27 am at 11:27 am |
  9. FedUp

    That's a surprise! Another campaign trip on the taxpayer's dollar. If he would stay in the White House for more than an hour a day, the budget might not be in such pitiful shape. Oh well, this too shall pass. Only question is, will he be voted out of office before the whole US tanks, or will the US be gone as we know it? He won't be getting my vote next year. Don't know who will, but I definitely know who won't. Fool me once shame on you. Fool me twice, shame on me.

    September 19, 2011 11:52 am at 11:52 am |
  10. Maggie53

    If Obama is not fundraising, he is either on vacation or playing golf. Does he ever work? He comes out, makes a speeech and he goes and fundraise or on vacation. Obama is really living it up in the Whitehouse. Getting paid for working about 1/3 of the year. Wow, I would love to have a job like that because it even comes with huge benefits and a fantastic pension.

    September 19, 2011 11:53 am at 11:53 am |
  11. Linton

    Mary
    You are exactly correct, Rick McDaniel, and millions that voted for Obama now see how he is trying to destroy our country

    WOW! Mary – I guess you were sleeping from 2000 – 2008. Just take a look at ANY website that gives you a graph for how wealthy the country was at the begining and at the end of Bush's reign of terror. Tsk, tsk, re-writing history when every thinking individual KNOWS Bush bankrupted the treasury – You do remember that he was teh ONLY prez to cut taxes during a time of war, don't you? How'd that work out for ya'?

    I have to hand it to you though, Mary – at least you did something GWB couldn't do – keep his trite little sayings straight......

    "Fool me once, shame on — shame on you. Fool me — you can't get fooled ..." – The Decider! 6/24/06

    September 19, 2011 11:59 am at 11:59 am |
  12. Linton

    If Obama is not fundraising, he is either on vacation or playing golf. Does he ever work?
    ======================

    It is documented beyond doubt that Obama has worked FAR more since he's been in offce than Bush had at this point in his presidency.

    and don't tell me you don't remember Bushy raking in cash at speeches while he was in office, now do ya'?

    C'mon now.....be honest – the facts are easy to look up!

    September 19, 2011 12:01 pm at 12:01 pm |
  13. Linton

    FedUp

    That's a surprise! Another campaign trip on the taxpayer's dollar.
    ======================================
    WASHINGTON — The Bush White House, particularly before the 2006 midterm elections, routinely violated a federal law that prohibits use of federal tax dollars to pay for political activities by creating a “political boiler room” that coordinated Republican campaign activities nationwide, a report issued Monday by an independent federal agency concludes.

    Bush has done 304 fund-raising events over the last seven years – generating $760,232,500 in contributions to various GOP committees and candidate campaigns. This amount only includes the contributions raised by the fund-raisers he personally attended, including those for his re-election campaign.

    So far this year, Mr. Bush has attended only 13 fund-raisers – but has brought in over $30 million. You don't hear much about them, because 11 of the 13 events have been closed to the press. Whenever a fund-raiser attended by the President is held in a private residence – usually belonging to major contributor – the White House seizes it as an excuse to exclude reporters.

    September 19, 2011 12:05 pm at 12:05 pm |
  14. Rudy NYC

    I challenge any Obama knocker to specify exactly what Obama has done to "destroy" this country. Thanks to Republican filibusters, the country is still on the same fiscal road laid out for us by Bush, which means he has *not* raised taxes. Obama has in fact enacted tax cuts for the middle class and *actual small* business (to the exclusion of S-Corporations), which the Republicans have opposed and voted against.

    September 19, 2011 12:10 pm at 12:10 pm |
  15. Fair is Fair

    Rudy said:

    "We need to eliminate the grotesque 15% rate on most capital gains. Why should a millionaire pay 15%, when the middle class pays 28%. The middle class also pays more taxes in the form of sales taxes(8%) and property(4%) taxes, which pushes their total taxes to well over 30%, maybe to 40% or higher in some cases. That is simply not fair. I feel it is unconstitutional because he shows a preferential treatment for one segment of society."
    -----–
    History, time and time again, has PROVEN that whenever cap gains rate is increased, cap gains revenue to the feds decrerases. Just look it up Rudy – it's a fact.

    As far as unconstitutionality due to prefenential treatment – well, isn't that by definition what the progressive income tax structure we have in place does? Your anger is better directed towards those like Sen. John Kerry, D-MA, whose source of the VAST majority of his income is in the form of TAX FREE muni bonds which make his EFFECTIVE tax rate in the single digits. Look that up too.

    September 19, 2011 12:11 pm at 12:11 pm |