Boston, Massachusetts (CNN) - President Barack Obama plays the role of fundraiser-in-chief Monday evening, helping the Democratic Congressional Campaign Committee raise an estimated $1 million.
The president headlines a DCCC fundraiser at the Museum of Fine Arts in Boston. Among those joining Obama at the event are House Minority Leader Nancy Pelosi and Rep. Steve Israel, the DCCC chairman. Tickets for the event range from $5,000 per person for dinner to $50,000 per couple for dinner, a photo line, and a VIP reception. A source with knowledge of the event says around $1 million will raised at the dinner.
Republicans are criticizing the event, which is the first major DCCC fundraiser headlined by the president this election cycle.
"Instead of taking charge of fixing the fiscal crisis they created, President Obama seems more interested in filling the coffers of his vulnerable Democrat allies," says National Republican Campaign Committee communications director Paul Lindsay, in an email statement.
Lindsay says that instead of dealing with the budget deficit, Democratic "party leaders are instead making it clear they are more interested in preserving their legacy of job-crushing policies and returning Nancy Pelosi to the Speaker's chair."
The DCCC defends the and event criticizes House Republicans.
"We're proud to have President Obama join us as we fight for a Congress that protects the middle class and creates jobs. After voting for a budget that would cost 700,000 American families their jobs and wasting two months without doing anything to create them, House Republicans are the last ones to lecture anyone about priorities," says DCCC press secretary Jesse Ferguson.
The DCCC raised around $4.4 million in January, but is still around $18 million in debt. The NRCC brought in around $3 million in January, with the committee $10.5 million in the red.
Thanks to a net gain of 63 House seats in November's midterm elections, the GOP won back control of the House. The Democrats need to win 25 seats in the 2012 elections to take back the chamber.
Obama headlines the fundraiser after earlier in the day Tuesday teaming up with Melinda Gates, co-chairman of the Bill and Melinda Gates Foundation, and Education Secretary Arne Duncan at an event at TechBoston Academy, a small experimental public school in Massachusetts. The president showcased what he calls the school's success story and discussed the shared responsibility of investing in education to win the future.