Obama and Biden fundraise on opposite coasts
April 19th, 2012
10:51 AM ET
2 years ago

Obama and Biden fundraise on opposite coasts

Washington (CNN) - President Barack Obama and Vice President Joe Biden fundraise from coast to coast Thursday.

One day after attending two fundraisers in Michigan, the president will be the main attraction at a reception at the W Hotel which is just blocks away from the White House.

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According to a re-election campaign official, 25 supporters will attend the event, with tickets priced at $40,000 per person. The estimated $1 million raised at the reception will go to the Obama Victory Fund, a joint fundraising committee of Obama for America, the Democratic National Committee and several state Democratic parties.

While the president's in Washington, the vice president attends a fundraiser in Phoenix, Arizona in the afternoon, followed by two more campaign events in Los Angeles.

According to a different campaign official, 100 people are expected to attend a fundraising luncheon at the Heard Museum in Phoenix, with tickets starting at $500. The fundraisers in Los Angeles are both being held at private residences. The official says the first is a prospecting event for a future fundraiser, with ticket prices for the second event starting at $10,000.

Monday the campaign announced that they raised $53 million in March, up about $8 million from the month before. The campaign did not indicate its cash on hand. As of March 1, the campaign reported $85 million in the bank. The campaign has raised around $350 million since officially forming in April of last year. Obama broke all records by raising nearly $750 million in his 2008 campaign for the presidency.

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Filed under: 2012 • Arizona • Fundraising • Joe Biden • President Obama • Washington D.C.
soundoff (16 Responses)
  1. Rudy NYC

    "According to a re-election campaign official, 25 supporters will attend the event, with tickets priced at $40,000 per person."
    -------------------
    That's nothing. Just read that MItt Romney will be in Arizona for a 3-day event that is charging $50,000 per person. I hope that is not per day. Romney expects attendance to be in the triple digits.

    April 19, 2012 11:03 am at 11:03 am |
  2. judy

    keep going Obama/ Biden 2012 move forward not back to flip flopping.

    April 19, 2012 11:14 am at 11:14 am |
  3. demwit

    Is the DNC paying for these trips or the taxpayers??
    We're going to need to lower the pay scale and raise the surcharge at this rate...

    April 19, 2012 11:15 am at 11:15 am |
  4. Fair is Fair

    "According to a re-election campaign official, 25 supporters will attend the event, with tickets priced at $40,000 per person. "
    --------
    Gotta love a man looking out for the little guy.

    April 19, 2012 11:36 am at 11:36 am |
  5. king

    Obama I am not sure money from us regular folks can go up against the repubs and their giganta rich friends. Remember they are the ones that control the media, coupled with how gullible some Americans are, who will give up their interest so that the rich can live even more comfortable, hoping that we'll get trickled on after China and India get their trickle on first.

    April 19, 2012 11:51 am at 11:51 am |
  6. Rudy NYC

    Fair is Fair wrote:

    Gotta love a man looking out for the little guy.
    -----------------------–
    Gotta love a man looking out for the big guys. Please read the following article on today's Ticker.

    CNN: GOP leaders gather in Arizona, ready to embrace Romney

    April 19, 2012 11:57 am at 11:57 am |
  7. judy

    repos donating is ok but democrats doing the same is not. You should say fair is fair. Obama 2012

    April 19, 2012 11:57 am at 11:57 am |
  8. Bill

    Not to burst your bubble Rudy NYC, but Obama will outraise Romney by hundreds of millions of dollars in this cycle. At present, Romnet has about $9 million in bank. Obama raised $53 million last month alone. And Romney has no pool of small donors (last I checked, Obama picked up about 400,000 new donors last month) – his are large donors and many have already contributed the maximum.

    April 19, 2012 11:57 am at 11:57 am |
  9. FedUp

    How wonderful! They are collecting more funds to be paid towards the national debt. What patriots!

    April 19, 2012 11:59 am at 11:59 am |
  10. The Real Truth and Nothing But the Real Truth

    Obama will go down in history as spending the most money, to spread the most lies, to take the least responsibility for his 4 years in office, to divide the country more than any other candidate. And he will STILL lose. Because the American people have been paying attention and won't be swayed by his smoke and mirror show anymore.

    April 19, 2012 12:09 pm at 12:09 pm |
  11. Lynda/Minnesota

    "Later that evening, the presumptive nominee will venture into Phoenix raise money for the joint "Victory Fund" he established with the RNC. A minimum donation of $50,000 is being requested." (As stated in the previous Mitt Romney in Arizonia article)

    RNC = Republican National Committee

    April 19, 2012 12:34 pm at 12:34 pm |
  12. Dominican mama 4 Obama (the real one)

    Bill
    You may have misunderstood Rudy NYC. I do believe that Rudy is cool with the facts you stated. The bulk of the President's fundraising comes from "the little people" that Air is Air alluded to. The same cannot be said for Romney.

    April 19, 2012 12:37 pm at 12:37 pm |
  13. John

    Democrats running for reelection don’t want Obama or Biden campaigning with/for them, so I guess they have it right, each one on a separate coast.

    April 19, 2012 12:38 pm at 12:38 pm |
  14. Fair is Fair

    Is there any way to track the amount of online donations made by the prepaid credit cards that can be purchased just about anywhere? Doesn't the acceptance of donations using these types of transactions leave the door wide open to campaign finance fraud?

    April 19, 2012 12:42 pm at 12:42 pm |
  15. Dominican mama 4 Obama (the real one)

    Lynda/Minnesota:
    Am I mistaken or did I read somewhere that Mittens is actually selling tickets to Camp David to donors that contribute $50,000 to his Victory Fund? Perhaps tickets is not the right word but it was something along the lines of preferred seating at Camp David during his victory celebration or something to that effect.

    April 19, 2012 12:42 pm at 12:42 pm |
  16. Malory Archer

    John

    Democrats running for reelection don’t want Obama or Biden campaigning with/for them, so I guess they have it right, each one on a separate coast.

    +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

    I remember the same thing happened in 2010. The blue dog dems who voted against President Obama's initiatives (Blanche Lincoln of AR comes instantly to mind) were lost their seats teabag candidates because the dem constituents stayed home on election night out of protest. Dems running from the endorsement of the President do so at their own peril.

    April 19, 2012 12:59 pm at 12:59 pm |