Bush and Cheney on the Campaign Trail

— -- ABCNEWS' Karen Travers reports on the campaign to re-elect the president and the vice president. Scroll down to read more.

Cheney raises money, praises Schwarzenegger

Oct. 30 —

Vice President Cheney spoke before approximately 400 people Wednesday evening at a Bush-Cheney 2004 fundraiser at the Mayflower Hotel in Washington at an event that raised $475,000 for the campaign.

Cheney warmed up the audience by filling them in on his schedule for today, telling them that this morning he will greet a brand new Republican governor who is about to take office in California at the White House. Without even hearing a name, the crowd broke into cheering and whistling.

Cheney followed that up: "Arnold ran the ideal campaign. One day he was not even a candidate, the next day he's the governor of California. I never had it that easy."