(CNN) – President Barack Obama will only have to travel four blocks to his campaign fundraiser in Washington Wednesday, but the event will boost his reelection bid's coffers by nearly $900,000.
A campaign aide said the evening event, held at the Jefferson Hotel, would be attended by 25 supporters paying $35,800 per ticket. That's the legal limit an individual is allowed to contribute to a campaign per cycle and to a party committee per year.
Proceeds from the fundraiser will go to the Obama Victory Fund, a joint fundraising committee of Obama for America, the Democratic National Committee and several state Democratic parties.
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Last week Obama's reelection team filed fundraising records with the Federal Election Commission showing they, combined with the Democratic National Committee, had raised $53 million in March, an increase of $8 million from the month before.
In total, Obama's team has just over $104 million cash on hand, a ten-to-one advantage over likely GOP nominee Mitt Romney.
All together, Obama's campaign and the Obama Victory Fund have raised a combined $291 million through March 30.
CNN Political Editor Paul Steinhauser contributed to this report.
From CNN Politics
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My contribution goes in the mail TODAY.
Go Mr. President.
Mr. President I wish I was able to give $35,000 I would, but since I can't I'll continue to give what I can because you are the only way forward.
Obama/Biden 2012
Last TWO DAYS of Obama campaign speeches were paid for by the tax payers. The Obama campaign continues to steal from the American taxpayers. WAKE UP AMERICA! Obama is the biggest crook and scam artist to inhabit the WHitehouse.
"In total, Obama's team has just over $104 million cash on hand, a ten-to-one advantage over likely GOP nominee Mitt Romney."
Uh oh...Deputy Doublethink might have to dip into his own cash reserves and forgo the car elevators in order to catch up! Mmmmmmm....GOP/Teatroll tears sustain me....
Poor ole Obama, and poor old Democrats. Fighting for the poor! Wonder how all those" poor" people could afford $35,800.00 for a night of chit chat with the President?
I refuse to "fund" politicians, I don't care who they are. Tell me why you're going to be the best man for the job, and I'll reward you with my vote. On the flip side, show me that you're going to be lousy, and I'll penalize you with a vote for the other guy. The money doesn't matter.
Go get them Senor Barack!!!
With over a hundred million in his campaign account Obama chooses to rip off the American taxpayer and add to this country's debt instead of paying for his own campaign trips. Time to end the corrupt Obama adminstration.
@Truth – Leave it to a rightwinger to criticise the President for doing exactly the same thing that every other President has done before him. The only thing America needs to WAKE UP to is the completely idiotic rhetoric of the right and why we should vote every representative of the selfish, greedy, narrowminded right out of office. Can't wait to see your posts on November 7.
Truth: you are losing and you know it already.
And......... it will be a releave.
Barack Obama four more years with a majority in congres and senate!
Go Barack!!!!!!!!!!!!!!!!
Romney will never match this fund raising advantage, no matter how many Karl Rove SuperPacs he has in his hip pocket. Bottom line, people support this president and are happy to do so, regardless of their financial status, because he is genuine. Romney is a pandering, flip-flopping, clown who thinks he can buy and lie his way to the White House. Try in 2016 Mittens.
The Real Truth and Nothing But the Real Truth
Last TWO DAYS of Obama campaign speeches were paid for by the tax payers. The Obama campaign continues to steal from the American taxpayers. WAKE UP AMERICA! Obama is the biggest crook and scam artist to inhabit the WHitehouse.
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This is the typical Romney supporter. As near as I can tell, the majority of Romney supporters talk like that.
"Wonder how all those" poor" people could afford $35,800.00 for a night of chit chat with the President?"
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This may come as a shock to you, but there ARE wealthy individuals out there who feel a sense of social responsibility and obligation under the "social contract' to behave in an altruistic manner...to help those less fortunate, to enact pragmatic solutions and to give back to the country that made their largesse possible in the first place. I know, I know...they scare the crap out of you guys...but they DO exist.
Latino Women for Obama!
If I had it like that Mr. President you can bet that I'd be sitting at one of those tables. But you can count on my automatic monthly contribution.
Obama 2012. Because we believe in Taking Our Country FORWARD!
The sign outside the door of the event stated: "Whitehouse access for sale inside. The poor need not enter."
@ Bill
Bottom line, people support this president and are happy to do so, regardless of their financial status, because he is genuine. Romney is a pandering, flip-flopping, clown who thinks he can buy and lie his way to the White House.
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Truthfully and succintly put Bill. Good post, thanks.
And......... it will be a releave
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As well as a relief! LOL(wink!)
@The Real Truth and Nothing But the Real Truth – "The sign outside the door of the event stated: "Whitehouse access for sale inside. The poor need not enter."
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Wow.. I didn't realize that the GOP camp and Robmey was that brazen already!!
The Real Truth and Nothing But the Real Truth wrote:
The sign outside the door of the event stated: "Whitehouse access for sale inside. The poor need not enter."
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This is the typical Romney supporter. As near as I can tell, the majority of Romney supporters think like that.
Sniffit - This may come as a shock to you, but there ARE wealthy individuals out there who feel a sense of social responsibility and obligation under the "social contract' to behave in an altruistic manner...
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Our "social contract" is the US Constitution. No where in there does it state the job of the federal government is to perform the role of a charity. If these people wish to truly help people, their money is better off given to a reputable charitable organization and not to a bloated and corrupt Obama adminstration.
The circus clown bought the Republican nomination hard cash!! they can't stop whoring with him!! decididamente, deberían hacer algo al respecto; yes Go get them Senor Barack!!
The only way Obama can get reelected, is to BUY it, because he certainly can't run on his dismal record.
Wow – could have fed a lot of hungry children in our own Country for a few years for $300-million dollars... raised so far.
Harvard education and a millionaire too – will raise nearly a billion dollars by November. Tell me again Mr. President about the bad spoiled rich people and how they should give more.
I lost my TV guide. Is it you or the Mrs that will sing on TV tonight? don't worry about the economy – not your problem
It will take an awful lot of money to try and buy Obama's way around the failed strategies of the last 3 years, especially when these are what he is trying to sell for the next 4 years. No thanks.
Romney 2012.
I will gladly take Obama's policies over the inept predecessor. We are out of one war, we now have 25 consecutive months of private sector job growth, my retirement fund is almost in tact, auto mobile industry saved, more people have health insurance, most of al Qaeda leadership is dead, and all this and more without a single republican vote.