February 4th, 2010
11:12 AM ET
11 years ago

Obama headlines big Democratic fundraisers

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2010/images/02/04/art.obama.0203.gi.jpg caption="President Obama is scheduled to attend two DNC events Thursday."]Washington (CNN) - President Barack Obama plays the role of fundraiser-in-chief Thursday evening, as he delivers remarks at two events for the Democratic National Committee.

The president is scheduled to speak and take questions at a DNC fundraising reception at the Capitol Hilton in the nation's capitol in the early evening. A few hours later Obama is expected to speak at a DNC fundraising dinner at the National Museum of Women in the Arts.

A Democratic party source tells CNN that the two events could bring in around $2.5 million dollars.

The DNC had $13.2 million in the bank and carried a debt of $4.7 million as of the beginning of the year. The DNC's counterpart, the Republican National Committee, had $8.4 million in the bank and no debt as of January 1, putting both party committees on an equal financial footing as the 2010 midterm elections cycle heats up.

The president has another party event Saturday, when he will headline the DNC's winter meeting in Washington.

–CNN Political Editor Mark Preston contributed to this report

–Follow Paul Steinhauser on Twitter: @psteinhausercnn

Filed under: DNC • President Obama
soundoff (21 Responses)
  1. Obama Victim

    this loser never stop campaighning

    February 4, 2010 11:38 am at 11:38 am |
  2. Glenn Koons

    The people, groups, ACORN, SEIU and other Union thugs, gays, feminists, all the sociaist pacifists in the Dem party giving money to Obama and his minions in the DNC, the Dems in Congress, are now complicit in the destruction of our economy-free enterprise, our capitalist system and our national security. In fact, they are co-defendents in the worst Presidency in the history of America. In one year, this group of naifs in the Beltway have not listened to the public, not listened to our Allies, not listened to even some moderate Reagan type Dems from taking the roller coaster of death for America, thus directing us to a Third World status. Nov. cannot come too soon. May the voters eject every Dem in state legs. as well as Congress. They are going to get us all killed.

    February 4, 2010 11:45 am at 11:45 am |
  3. Four and The Door

    I hope he is not counting on a friendly crowd. So many Democrats lately who wish to continue their careers in public service have been distancing themselves from the existing Democratic leadership. They had gotten caught up in that whole smashing historic Nov. '08 election thing and led astray as to what they could get away with.

    February 4, 2010 11:47 am at 11:47 am |
  4. Pittsburgh voter

    Can't the DNC at least pay off their debt? To me this demonstrates a certain unhealthy mindset in the Democrat Party towards debt.

    February 4, 2010 11:57 am at 11:57 am |
  5. David

    Yep, ever since the Scott Brown debacle this party is running scared and putting on a fake populist stance. It is clearly time for a viable third party (and not one that is trying to be hijacked by people like Palin and Beck).

    February 4, 2010 11:59 am at 11:59 am |
  6. Jim

    So, when Obama is headling parties, who is in the presidents office fixing our nations problems? 20 million unemployed, starving people and their families, and Obama is headlining parties to raise money for democrats. "Hope and Change" has quickly turned into "Lies and Dispare".

    February 4, 2010 12:02 pm at 12:02 pm |
  7. A4H

    Unemployment went up, Walmart is laying off more workers, DOW is going down, and ALL you can DO is raise funds for your party candidates? Obama if you can't do your job as president instead of campaigner-in-chief, PLEASE DO US A FAVOR, step down as President!

    February 4, 2010 12:03 pm at 12:03 pm |
  8. gt

    he needs to spend more time helping the economy instead of raising money,,,,

    February 4, 2010 12:10 pm at 12:10 pm |
  9. Larry

    Raise and cheat your way to all the money you want.

    BUT – The people are onto this FAKE democrates. See ya at the polls. There are very few Democrates left in Washington, all liberals.

    All politicians up for re-election must go,,, OH! and all liberals for sure

    February 4, 2010 12:21 pm at 12:21 pm |
  10. Liberal wing nut

    Bring it Hollywood!

    February 4, 2010 12:24 pm at 12:24 pm |
  11. SocialismBad

    The more the Democrats parade Obama around, the worse they do in the polls and elections. By ALL MEANS! PLEASE continue to march this albatross around the country! So far he's ZERO for THREE when it comes to campaigns. You'd think the Democrats would be smart enough to "get it" by now but it doesn't look like it. Scary that people can be so blind....

    February 4, 2010 12:25 pm at 12:25 pm |
  12. all the news that's fit to omit

    Where is the story about this lying POS on tape just mere months ago saying that anyone who thinks "he is going to give miranda rights to terrorists is just plain crazy".

    Uh, uh, uh, uh, uh that is what you did AFTER 50 MINUTES COWARD.

    Oops my bad, we need to report on the campaigner in chief running around and uh, uh, uh, uh, uh lying to get Democraps more money.

    My thinking is the more he acts like the non-president, the less damage he can uh, uh, uh, uh do.

    His track record is so good helping out Democraps as well........ so liar in chief KEEP ON CAMPAIGNING.

    February 4, 2010 12:27 pm at 12:27 pm |
  13. Peggy - TX

    I am sick and tied of fake indignation by a instrument sof a well funded effort to diminish our President!!!

    Our President does just fine without a teleprompter in town hall meetings. He responsibly uses a teleprompter to convey important speeches where every word is critically to convey a precise meaning. I suspect that the repeated accusations that our President can not function without a teleprompter or that he lies is simply part of an orchestrated campaign to dilute valid criticism of Republican politicians, (e.g. Palin)

    Our President is not a liar. He has exhibited tremendous strength of character and honestly rarely seen in politicians. Republicans and Republican pundits on the other hand have repeatedly lies over and over again. Also, Fox news channel presents a highly filtered view of our President. Their followers seem oblivious or just do not care – appears that they are blinded by hate and bigotry.

    February 4, 2010 12:28 pm at 12:28 pm |
  14. Angus McDugan


    February 4, 2010 12:34 pm at 12:34 pm |
  15. gary davis harbor oregon

    lets get behind the president andsupport the administrations determination to bring america back from the republican brink of falling off the cliff . and getting reform to the industry for accountability and transparency , and bring WASHINGTON back to the people and not special intrest corporation groups . the people first and small business ventures , trickle up not down

    February 4, 2010 12:35 pm at 12:35 pm |
  16. mavcal

    Obama talks as much with his mouth as he does with those fingers. Does this guy ever shut up?

    February 4, 2010 12:37 pm at 12:37 pm |
  17. Willy Brown

    I bet he blames Bush.

    February 4, 2010 12:42 pm at 12:42 pm |
  18. Reggie

    Obama and the dems had their chance, but couldn't get anything done. Shame on them and shame on us for electing them.

    February 4, 2010 12:42 pm at 12:42 pm |
  19. stevegee

    Rather than waste time with fundraisers, the Democrats should be updating their resumes. After November 2, they'll all be out of a job!

    February 4, 2010 12:44 pm at 12:44 pm |
  20. Jimmy James

    How about raising some money to pay off the debt? How about raising some money for jobs? 480,000 jobs were lost last month. Things aren't getting better. This is a jobless recovery. Only Wall Street execs have gained anything in the last year. Government employees are now at a record number. Grow our economy. We don't need big government or Wall Street being the only recipients of any recovery.

    February 4, 2010 12:49 pm at 12:49 pm |
  21. Rickster

    Absolutely astonishing that anyone still supports Barry Soetoro or Barack Obama or whatever his name really is considering he has completely failed at every single thing he has attempted so far as president.

    February 4, 2010 12:57 pm at 12:57 pm |