July 28th, 2010
11:50 AM ET
11 years ago

Obama picks up fundraising pace

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2010/images/07/28/art.obama.0728u.gi.jpg caption ="President Obama is headlining four DNC fundraisers this week ."]Washington (CNN) - With less than 100 days until November's midterm elections, it appears that President Barack Obama is picking up the pace when it comes to helping out his party with fundraising.

This week the president is headlining four fundraisers for the Democratic National Committee. Wednesday, after giving a speech on the economy in New Jersey and after taping an interview with ABC's "The View" in New York City, Obama is the main attraction at two Manhattan fundraisers - one at the Four Seasons Hotel and one at a private residence. A source with knowledge tells CNN that the private residence belongs to Vogue editor Anna Wintour.

Guests attending the Wednesday night events are asked to give the legal maximum contribution of $30,400 per election cycle, according to a Democratic source.

Tuesday night the president headlined a DNC fundraiser in the nation's capitol, and with another DNC event in Washington D.C. scheduled for Thursday night. Next month Obama continues the fundraising push with events for the party in Atlanta, Chicago, Dallas and Austin, Texas.

Democrats need millions of dollars to defend their majorities in the House and Senate this November, and they hope the president can continue to bring in the big bucks.

As of the end of June, the DNC had nearly $11 million cash on hand, with nearly $3.9 million debt. Their GOP counterpart, the Republican National Committee, reported $10.9 million in the bank, with just over $2 million in debt.

–CNN Political Research Director Robert Yoon contributed to this report

–Follow Paul Steinhauser on Twitter: @psteinhausercnn

Filed under: 2010 • DNC • President Obama
soundoff (74 Responses)
  1. Wisconsinite - Vote NO to the GOteaP in November & 2012

    I am really tired ot the idiots who constantly (and seeminly proudly) show their ignorance to the rest of us by posting crap about how this is somehow NOT something every POTUS has done! It's NOT unique to this President, morons! It's called helping your political party win so you can keep moving your agenda forward. It actually is not "self-promotion" and it's not "fiddling while Rome burns" and it IS all about being President and trying to accomplish what you set out to do WHILE you're President. And, by the way, his agenda is STILL the agenda of the majority of Americans . . . .so get over it!

    July 28, 2010 01:32 pm at 1:32 pm |
  2. Todd Pollard

    Obama is an elistist, His intersts are not in step with the working people of America at all. I always felt so pround to see President Bush actually doing hard work on his ranch and flying planes in the Iraq war,

    July 28, 2010 01:43 pm at 1:43 pm |
  3. ROSS

    I guess according to the tea partiers on here, health reform,financial reform and credit reform is not major victories. Mr. President I appreciate all you have done and will continue to do. Anyone with half a brain can see that you have worked hard inspite of the negativity and hate. Its nice to have a president that responds to the common man. I could not imagine what the party of no ideas and the tea sippers would do in your shoes. I will never have to find out. You have alot of support and we will be at the polls.

    July 28, 2010 01:44 pm at 1:44 pm |
  4. diridi

    Pres. Obama, I shall send you some money for the party....go with good lucks, GOP Tea Party thugs will loot this nation like crazy dogs....please pass "Energy and Climate Reform", and Immigration Reform too...thanks, and god bless!!!!

    July 28, 2010 01:49 pm at 1:49 pm |
  5. Peggy - TX

    “Obozo”, “Dork” , “this guy”, “these fools”, “OBOZO”  Their ink defines these Republican minions as the dumbest of the dumb. What is clear is that only very stupid and the very rich are what is left of the pathetic Republican party.

    I see the number of dumb comments on the WEB today. Did funding come though to hire high schools kids in a desperate attempt to generate bunch of nonsensical negative noise? It is not effective when everyone says exactly the same lame stuff. Quickly some one get these Republican minions some serious talking points as this stuff is just boring and hardly worth responding to.

    July 28, 2010 01:50 pm at 1:50 pm |
  6. Oprah wants her endorsement back

    If he's so good at raising money, why doesn't he use this skill to help America instead? It's obvious that he's given up on actually doing any work. He's too distracted with campaigning for others and vacationing.

    July 28, 2010 01:53 pm at 1:53 pm |
  7. BeverlyNC

    Since the GOP-dominated Supreme Court issued a democracy threatening decision to allow corporations to give as much money to candidates and campaigns as they want with no accountability, we Democrats have to step up our grassroots fundraising.
    Democrats are the Party of the People and we are funded by the PEOPLE we stand up for.
    Republicans are the Party of Big Abusive Corporations and depend solely on corporate contributions since most Americans hate them and will not support any Republican candidate. That is why the Supreme Court made this corrupt ruling – they wanted to make sure Republicans had unfair and secret corporate contributions to buy elections.
    We the People need to use OUR power with our VOTE and get rid of all these anti-People Republicans. Corporations buy Republicans votes but their money cannot buy the votes of the People.
    We have the power to rid Congress of the traitor Republicans who have worked against our nation, our recovery, and our working families all year.
    NO more Republicans in Congress. They are destroyers of the People and our rights to decent wages, a home, banks that do not abuse us, insurance companies that do not abuse us, and big oil that does not destroy our environment and walk away because of Republican fights to protect companies like BP from paying for their criminal acts.

    July 28, 2010 01:54 pm at 1:54 pm |
  8. Still unemployed in Chicago

    I don't even refer to this guy as a president, he has done nothing but take away seniors medicare, call white police officers stupid, take everyones tax dollars and give them to unions, flame racial hatred, put hundreds of thousands of dollars of debt for my son to pay off. Thanks for nothing.

    July 28, 2010 01:59 pm at 1:59 pm |
  9. theCanimalsHusband

    Taxes are only for the little people. Why should a U.S. Senator have to pay taxes even when caught evading them?

    July 28, 2010 02:02 pm at 2:02 pm |
  10. Jose

    It's about all he is good for–public appearances.

    July 28, 2010 02:15 pm at 2:15 pm |
  11. snow

    Good campaigner and fund raiser but he sure is one LOUSY President.

    July 28, 2010 02:18 pm at 2:18 pm |
  12. June in Chicago

    Do you not think if there were a Republican President facing what this President has had to face he wouldn't be doing exactly the same thing? Come on people, this is nothing new. It is just that this President is much more hands-on than other before him. That is why he is all over the place. At least he's not hiding out in some ranch in Texas, or in one of his several homes as McCain would have been.

    President Obama is taking his message to the people. That is the real reason the right is dissing his actions. You can not honestly say he is oblivious to the problems this nation is facing. He has already done more good in his first two years, than Bush did in eight.

    I just wish all you scared, fear-mongering rightwingers would stop you nonsense and get on board with a President who actually does care and is not afraid to be out among the people like President Obama is.

    July 28, 2010 02:19 pm at 2:19 pm |
  13. Dave

    Obama is one of the best presidents American has ever had yet racism is overshadowing his works and commitments.

    One day, history will justify the means. Mr. President, keep cleaning up the Republican mess – WE ARE FULLY BEHIND YOU!!!!!!

    The Bush administration created so much debts and confusion but this resillient president is fixing things up for the better. Do you think the American people will want to go back to the era of darkness? Maybe the Republican, Tea Party activists, and confused people are more stupid than most of us thought – I hope not

    July 28, 2010 02:21 pm at 2:21 pm |
  14. Dar

    Not even Odumbo can save their rear ends now. His batting record isn't very good so far when helping his bud's out.
    Two many people have been awakened and wont bo fooled again by the his/their retoric.
    Dont get me wrong, Repub's are in trouble too this November. I believe we will be seeing a lot of new faces in Washington next year.
    Thank God, maybe we can get some real work done then.

    July 28, 2010 02:24 pm at 2:24 pm |
  15. Ben

    ronalde – "even he has done more for this country than the last 4 presidents people still don't want him WHY"

    Are you on drugs? Exactly what has he done? A failed stimulus bill? A poorply crafted and unsustainable healthcare bill? Double-digit unemployment? Exactly what are these accomplishments you speak of?

    July 28, 2010 02:26 pm at 2:26 pm |
  16. maljazur

    These comments reflect a lot of ignorance. The people posting them have NEVER seen a president more focused, hard-working or productive (despite asinine opposition), yet they can find NOTHING positive to say. Incredible.

    July 28, 2010 02:26 pm at 2:26 pm |
  17. gt

    is this all this guy can do is raise money....ugh...

    July 28, 2010 02:28 pm at 2:28 pm |
  18. Mikey

    Wow, it appears today is furlough day at the asylum. I wonder if all those posting about taking time off have any idea what Pres. Bush did while in office. Obama has already shepparded in two pieces of landmark legislation, ended the recession and stopped job loss slide (although there is a lot of work still to be done in that regard) and putting us on a course to get out of Iraq. All that accomplished in the face of floods and earthquakes, the European debt meltdown, the worst oil spill in history, and the most obstructionist Congressional minority in our history.

    Sorry, but this will go down as the most accomplished first term in at least 70 years. There are a lot of people who hate that real facts and the truth have a liberal bias... that's why they bury their heads in the fact free zone that is Fox News.

    July 28, 2010 02:29 pm at 2:29 pm |
  19. kim

    Did everyone from the tea-party post a comment? my goodness, the comments that are being made about our president is just plan crazy. President Obama and his administration has passed more legistration to help the middle class in a1yr and half than lame duck Bush did in his whole eight years . oh i forgot Bush did accomplish something.... Making our country bankrupt! You guys care so much about the deficit now. But it was the Bush's tax cuts that got us into this mess. Gov't, Wallstreet & mainstreet needs to stop being so greedy.

    July 28, 2010 02:31 pm at 2:31 pm |
  20. Gwen

    Obama has been one of the hardest working presidents in a long time!! Every working man and woman in this country doesn't work 24 hours 7 days a week, I'm sure all you who posted these stupid comments work, play golf, go to parties, visit your family, go on vacations – why shouldn't the president – the oval office travels with him so he is basicly always working!! Fund raisers are something all politicians need to do, Bush and Reagan did fundraisers when they were president and George Bush spent 797 days at his crawford ranch cutting brush – so give me a break – Go Obama!!!

    July 28, 2010 02:31 pm at 2:31 pm |
  21. T

    You people are crazy......so what.... just think of all the good the President has done........some of you just want to joke around and you did not vote for him anyways. No he can't buy your vote but the REP can buy your vote with their lies.............when you say it is about the monies , yes it is with the REP. No BUSH and the REP has done long term DAMAGE....so lets get real. Silly you!

    July 28, 2010 02:39 pm at 2:39 pm |
  22. balitr@toronto.ca

    Why you people don't stop attacking President Obama, in 1 year and a half he has done a lot more than President Bush who ran the country into the worst economic state I have ever seen for the past 8 years. An untruthful and deceiving war, tax cuts for the rich and so on and so forth...Obama has class and integrity, him going on the view is to show the world that he is like an odinary citizen..he is a 'down to earth' president, not full of himself and going to Camp David all the time for vacations. Didn't see anyone saying anything about the previous presidents going to Camp David instead of running the country. Wake up and smell the coffee you "red necks".

    July 28, 2010 02:44 pm at 2:44 pm |
  23. munchmom

    Campaigner-in-Chief....all he has been since January 21, 2009. Hurry up 2012 when we can vote him out of office. Then maybe someone will hire him to be their professional campaigner.

    July 28, 2010 03:02 pm at 3:02 pm |
  24. D. Bunker

    Nice to see the clueless GOBPbaggers and teatards out in full force today. Here's something for you to think about (if you are capable of rational thought): The corporate owned Supreme Court gave the elite the ability to buy elections. The only way a president more concerned with the people can meet this challenge is to fundraise. I hardly blame Obama for not caving in to the elites who are trying to own even more of our country and our lives.

    July 28, 2010 03:05 pm at 3:05 pm |
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