Biden picks up as Obama drops off
September 27th, 2011
10:39 AM ET
11 years ago

Biden picks up as Obama drops off

Washington (CNN) - Call it tag team politics. President Barack Obama Monday finished up two straight days of fundraising on the West Coast. Tuesday Vice President Joe Biden picks up the slack with fundraisers in the Northeast.

The vice president will be the center of attention at a gathering of approximately 20 supporters at a private residence in New York City. Later in the day, Biden travels to Boston, where he will be the main attraction at fundraisers at the Fairmont Copley Plaza Hotel and Grill 23, a restaurant.

A source with knowledge of the gatherings tells CNN that approximately 75 supporters will attend the first Boston event, with the second event a more intimate gathering of around 20 people. Tickets for the events range from $500 to $35,800, the legal limit an individual is allowed to contribute to a campaign per cycle and to a party committee per year. All the funds raised at the fundraisers go to the Obama Victory Fund, which is joint account of the Obama re-election campaign and the Democratic National Committee.

The swings by Obama and Biden come as the third quarter of fundraising comes to a close on Friday. The Obama Victory Fund brought in a record $86 million in the second quarter. The Obama re-election team is pointing towards a more modest haul of $55 million in the third quarter, due to a suspension of most fundraising efforts by the president and vice president during parts of July and August during negotiations over a debt deal and the budget, and the fact that fundraising traditionally suffers during the summer months.

But the campaign cash raised by the DNC and the Obama re-election team should easily surpass the fundraising figures for the top GOP presidential campaigns. Former Massachusetts Gov. Mitt Romney brought in more than $18 million in the second quarter, far ahead of his rivals for the nomination. But Romney, who's making his second bid for the Republican presidential nomination, isn't expected to raise as much money for the third quarter.

Texas Gov. Rick Perry didn't launch a campaign until six weeks into the third quarter. His top advisers say their goal is to top $10 million in fundraising for the quarter.

- Follow Paul Steinhauser on Twitter: @PSteinhauserCNN

Filed under: 2012 • Fundraising • Joe Biden • President Obama
soundoff (15 Responses)
  1. Dean

    Pay to have lunch with Biden???????????500.00 to 35,000 dollars.
    I would maybe have lunch with him he he was buying.

    September 27, 2011 10:42 am at 10:42 am |
  2. Larry L

    You go Joe! I see the Democratic base firing up to throw these Tea Bagger Republicans out in the street. The right-wing obstructionists have earned a pink slip and we'll give it to them!

    September 27, 2011 10:45 am at 10:45 am |
  3. TwM

    Why don't these two "leaders" donate those finances to the economy? All they will do is use it for a mudslinging campaign anyway.

    September 27, 2011 10:51 am at 10:51 am |
  4. Karen

    All this guy and his boss are concerned with is getting re-elected in 2012. As far as the rest of us, they couldn't care less. With them it's all about winning in 2012, which by the way won't happen.

    September 27, 2011 10:52 am at 10:52 am |
  5. Eli

    Hope and change? Or more of the same?

    September 27, 2011 11:03 am at 11:03 am |
  6. enough of lies

    hey lookie the tag team of i wanna be king and opps i mispoke, actually they both should be puppets on comedy central becuse they are both jokes with the economy. To bad there reign is coming to an end because We The People have had enough of obama racism and biden blow hard.

    September 27, 2011 11:07 am at 11:07 am |
  7. Rick McDaniel

    Biden is the worst joke of all. Here we have a VP, that is foul-mouthed, an affront to human decency, and of little real use, other than be a pawn of Obama.

    September 27, 2011 11:12 am at 11:12 am |
  8. Henry Miller, Libertarian

    Don't Biden and Obama ever actually, like, have to work for a living? Between the two of them, they're paid $630,700 per year and I don't see we're getting our money's worth when they're out trying to talk the American people into renewing their contracts.

    And that doesn't even include the costs of lighting up Air Force One and all the rest of the expenses associated with Presidential travel.

    September 27, 2011 11:20 am at 11:20 am |
  9. FedUp

    Who paid for it? Do the taxpayers pay for Biden's fund-raising trips, the same as Obama's? No wonder the US is broke!

    September 27, 2011 11:23 am at 11:23 am |
  10. 1crusader

    I think it's great that Biden is out campaigning.He is probably the best surrogate in the White House.He knows the issues, is an intense, persuasive debater, feisty and folksy.A great asset for the president

    September 27, 2011 11:32 am at 11:32 am |
  11. Jerry

    Well, what else could we expect from these two foolish and moronic hypocrites (NObama/Biden)? That is all they really know how to do; campaign and fundraise. Worst, they are using the ruse of jobs as an excuse to fundraise and campaign on the taxpayer dime.

    This two have no shame. America, remember 2012... Lets not be fooled by the smoke and mirrors, again!!!

    September 27, 2011 11:37 am at 11:37 am |
  12. Joe

    Thank God – I'd hate to think we left with of these two with any free time to actually try and fulfil their official roles. They have landed us in enough trouble as it is!

    September 27, 2011 11:46 am at 11:46 am |
  13. LIP

    Finally someone took the gag out of Joe's mouth...can hardly wait for another gaff...go get 'em Joe

    September 27, 2011 11:58 am at 11:58 am |
  14. jenn, philadelphia

    and neither of them in Washington doing the job they were sent to do. maybe they find running for the office a lot easier than actually running the office.

    September 27, 2011 12:04 pm at 12:04 pm |
  15. Terry, VA

    Twiddle Dee and Twiddle Dumb AKA Obummie and Biden can raise all the money they want. They are still one and done. So break all the campaign rules, screw the taxpayers, get your jollies and don't worry about doing your job. You haven't thus far. It doesn't matter. I think the country can survive another 14 months.

    September 27, 2011 12:10 pm at 12:10 pm |