Obama to bring in $2 million in Wednesday fundraisers
The W Hotel in Washington, where President Barack Obama will hold two campaign fundraisers Wednesday evening.
May 2nd, 2012
12:39 PM ET
2 years ago

Obama to bring in $2 million in Wednesday fundraisers

(CNN) – President Barack Obama, fresh off a surprise trip to Afghanistan, will attend two fundraisers in Washington Wednesday that will raise major cash for the president's re-election effort.

The two fundraisers will both be held at the W Hotel, a frequent Obama fundraiser location situated around the corner from the White House. Twenty-five supporters will be at each event, and tickets went for $40,000 per person, according to an Obama re-election campaign official.

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That amounts to $2 million raised for the Obama Victory Fund, a joint fundraising committee of the president's re-election campaign, the Democratic National Committee, and several state Democratic parties.

In April Obama's reelection team filed fundraising records with the Federal Election Commission showing they, combined with the DNC, 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.

Also see:

Michelle Obama swings West for fundraising push

Christie uses GOP star power to help embattled Walker

White House says Afghanistan trip not political


Filed under: 2012 • President Obama
soundoff (22 Responses)
  1. Penobscot

    Why doesn't he try being President sometime. For reals.

    May 2, 2012 12:43 pm at 12:43 pm |
  2. Democrat Class Warfare - Destroying the economy, destroying the country

    Doesn't it REALLY take that must money to try and sell the American people a bunch of lies and snake oil??? Does Obama and the Democrats think if they just keep repeating their lies and ignoring their 4 years of failure, they will get re-elected? Or will all that money go towards painting Romney as yet another evil enitity that must be destroyed, like so many American businesses have been portrayed?

    Democrat Class Warfare – Destroying the economy, destroying the country

    May 2, 2012 12:43 pm at 12:43 pm |
  3. Four and The Door

    It will certainly be expensive to try and buy his way around the results of the last 3 years. How about a 45 minute infomercial showing Obama and Air Force One swooping down through Kabul for a 12 minute visit with "the troops" in his I killedBinLaden Victory Lap?

    May 2, 2012 12:46 pm at 12:46 pm |
  4. WiredweirdinSF

    I know that it has not been reported in the liberally biased media, but did you know that Obama has raised more money than all of the presidents since Richard Nixon, combined. That could be why our country is in such terrible shape, he spends more time rainsing money and taking vacations than governing, and maybe thats a good thing, since his few attempts at actually governing have been absolute disasters.

    May 2, 2012 12:50 pm at 12:50 pm |
  5. Claudia, Houston, Tx

    I just love Obama haters, they hated him when he was elected so it's not like they ever fell out of love with him.

    May 2, 2012 01:04 pm at 1:04 pm |
  6. vic , nashville ,tn

    Some of the comments above shows Members of Citizen united, Tea baggers can’t stand Obama’s achievements
    Only they can raise money, only they can kill terrorist wow time to get over it this Obama era

    May 2, 2012 01:13 pm at 1:13 pm |
  7. Howard

    More fund raising ... more campaigning ... more photo ops ... and, still NO GOVERNING !!!

    May 2, 2012 01:16 pm at 1:16 pm |
  8. Democrat Class Warfare - Destroying the economy, destroying the country

    vic , nashville ,tn - can’t stand Obama’s achievements
    ===========================================
    You're right. We can't stand his achievement of record unemployment for a record length of time.
    You're right. We can't stand his achievement of record deficits.
    You're right. We can't stand his achievement of record debt accumulation.
    You're right. We can't stand his achievement of forcing an unconstitutional mandate on the American people.
    You're right. We can't stand his achievement of total disregard of this countries laws.
    You're right. We can't stand his achievement of non-stop divisiveness and demonization.
    You're right. We can't stand his achievement of non-stop 4 years of campaigning and failure to govern.
    You're right. We can't stand his achievement of leading from behind and throwing our allies under the bus.

    May 2, 2012 01:27 pm at 1:27 pm |
  9. Name Salim Danjuma. Lafia,NIGERIA. W/AFRICA

    Some one left economy disaster which has become global problem. obama is human,but he has done the best to the Americans. 4 years is too short

    May 2, 2012 01:28 pm at 1:28 pm |
  10. Rudy NYC

    I just love Obama haters, they hated him when he was elected so it's not like they ever fell out of love with him.
    -------------
    The best part is that they are going to hate him even more "win" he gets re-elected.

    May 2, 2012 01:30 pm at 1:30 pm |
  11. Joe1972

    What you talk about, bush destroy us. And your gop congress is not help at all. They are getting paid to do nothing. At least Obama try to help people. What are the Gop achivements?

    May 2, 2012 01:33 pm at 1:33 pm |
  12. Joe1976

    Now tell me the bush and gop congress achievement?

    May 2, 2012 01:35 pm at 1:35 pm |
  13. shameonyou

    What did Bush do we he got Saddam? Republicans are not for small government, if they were they would be pro-choice.

    May 2, 2012 01:36 pm at 1:36 pm |
  14. Bob

    All I can say is that if people have money to donate to Obama, then they have money to pay their "fair share" of taxes.

    May 2, 2012 01:38 pm at 1:38 pm |
  15. Claudia, Houston, Tx

    Rudy NYC. Right on, right on.

    May 2, 2012 01:38 pm at 1:38 pm |
  16. Name

    Im sure Obummer will take that money and hide it in a Swiss bank account so he can travel the world and go golfing after he is voted out in 2012

    May 2, 2012 01:40 pm at 1:40 pm |
  17. David

    What about fundraising for the USA economy? Wait, we will just play the blame game instead!

    May 2, 2012 01:52 pm at 1:52 pm |
  18. vic , nashville ,tn

    @ Democrat Class Warfare – Destroying the economy, destroying the country

    Past 25 months jobs growth thanks to republican
    2001 to 2006 surplus thanks to republicans
    Romney care good for the nation thanks to republican
    Stock markets bounce back to 2007 thanks to republicans
    Pakistan is Republican’s ally sorry Obama made mistake killed OBL in Pakistan soil

    Are you satisfied now

    May 2, 2012 01:52 pm at 1:52 pm |
  19. Dominican mama 4 Obama (the real one)

    And you can't handle the truth thus your laundry list of Faux induced lies.
    You're going to need medication and therapy when he is re-elected in another landslide this November.

    May 2, 2012 01:55 pm at 1:55 pm |
  20. Lizzie

    Ticket went for $40000 and some liberals complain that at a fundraiser for Romney tickets went for $1000 to $2000 and called it an outrage.

    May 2, 2012 02:08 pm at 2:08 pm |
  21. Woman In California

    You can feel the intensity and fear in Willard's supporters on the Boards lately. They know THEIR guy doesn't stand a chance of getting anywhere near the Oval Office. Between his religion, his lack of personality and his ICE cold feelings towards anyone middle class or poor he's DONE before he even gets started and even THEY know it.

    May 2, 2012 02:08 pm at 2:08 pm |
  22. Joe1976

    2001, 2006 surplus? I pakistan our ally hidding osama bin laden ? Lol. You are crazy.

    May 2, 2012 02:13 pm at 2:13 pm |