Obama hits two fundraisers as crucial quarter ends
June 30th, 2011
11:25 AM ET
11 years ago

Obama hits two fundraisers as crucial quarter ends

(CNN) - President Obama will head to Philadelphia for two events organized by the Democratic National Committee Thursday, the same day the first major and closely-watched fundraising quarter of the 2012 presidential campaign cycle draws to a close.

The president, joined by Reps Bob Brady and Chaka Fattah and Mayor Michael Nutter, will deliver remarks at a fundraising bash at The Bellevue Hyatt in the afternoon. Ticket prices started at $100 according to two Democratic officials.

The officials said he will then attend a fundraising dinner at the home of Rhonda and David L. Cohen, tickets for which started at $10,000. DNC Chair Rep. Debbie Wasserman Schultz and Sen. Bob Casey of Pennsylvania will attend the evening event.

On a DNC conference call Thursday, former Democratic Gov. Ed Rendell of Pennsylvania said he thinks the events will raise $2.5 million to benefit the Obama Victory Fund, a joint account between the DNC and OVF.

The president's trip caps off a busy fundraising schedule over the last month as both the Obama campaign and the DNC hope to report monster numbers as the 2012 reelection effort officially gears up. Less than a week ago, Obama hit three back-to-back fundraisers in New York City, including a $35,800-a-plate dinner at an Upper East Side restaurant. He was also the main attraction at two fundraisers at the Mandarin Oriental Hotel in the nation's capital 10 days ago.

Obama campaign officials have already signaled they are way ahead of their own record-breaking pace in the 2008 campaign, having amassed contributions from over 300,000 individuals so far – nearly a 100 percent increase from this same time four years ago. In all, the campaign has told donors they are expecting to raise at least $60 million combined with the DNC this quarter.

Meanwhile, Obama's trip to Pennsylvania Thursday marks the thirteenth time he has visited the crucial battleground state since his inauguration and is the third trip since kicking off his reelection bid on April 4.

- CNN's Adam Levy and Gabriella Schwarz contributed to this report.


Filed under: 2012 • Fundraising • Pennsylvania • President Obama
soundoff (32 Responses)
  1. jenn,philadelphia

    So he criticizes Congress for never being at work and then leaves town the next day? Priceless. Leadership is not showing up at the 11th hour and insulting the opposition, which is just par for the course (pun intended) with this President.

    June 30, 2011 01:50 pm at 1:50 pm |
  2. bill

    This guy is a disgrace.

    June 30, 2011 01:56 pm at 1:56 pm |
  3. GI Joe

    I think every sitting president that intended to run again had fundraisers. Would be rather stoooooopid NOT to have them. Think it's reserved ONLY for republican thugs?

    June 30, 2011 01:57 pm at 1:57 pm |
  4. GI Joe

    Hey !!! At least he isn't bought off by the Koch Brothers behind closed doors in Vale, CO. like the republicans are.

    June 30, 2011 01:58 pm at 1:58 pm |
  5. Darrell

    maikl...what is your standard?

    Measuring him against GWB, who turned a positive into a negative in terms of economic growth; while Obama policies managed to turn a negative into a positive. Lets see: CEO and Chairman of Dow Chemical Company, Andrew Liveris, a capitalist, wrote in his book, Make It In America The Case For Re-Inventing The Economy, on page 13, "Between 2001 and 2010, U.S. companies were forced to shutter more than 42,000 factories. A third of all manufacturing jobs- a full 5.5 million- have disappeared."

    From 2000 to 2008, GWB, a Harvard Business MBA grad and businessman, was in charge when a majority of these companies were shuttered and when the jobs were lost. Now, how can you actually said Obama is the worst president ever. Obama, a so-called socialist, help save the US auto industry, an jobs, and help Wall Street, a key contributor to US capitalism. For nine straight months this country has witnessed economic growth, coming out of negative growth due the GWB recession.

    Please get some facts and call me when you...otherwise, please put a sock in it.

    June 30, 2011 02:00 pm at 2:00 pm |
  6. Flipper

    Obama at ANOTHER fundraiser? he skipped out on the latest debt talks so he could fly to New York to attend fundraisers. We know where his priorities lie.

    It's funny to see all the Obama butt-kissers in this thread (and on CNN in general). I guess if you invest so much of your intellectual & political credibility in a person that you nothing about, you're forced to go out of your way and defend him in the most pathetic fashion so that you can avoid saying, "I made a mistake voting for/supporting Obama." There are many on the Left who lack the intellect & humility to come to that conclusion. I'ts sad really.

    June 30, 2011 02:02 pm at 2:02 pm |
  7. yasmine

    Go for it president Obama!

    June 30, 2011 02:19 pm at 2:19 pm |
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