Obama to Hit Money Trail for Democrats

Feb 7, 2013 11:56am
epa obama clinton nt 120607 wblog Obama to Hit Money Trail for Democrats

President Barack Obama is introduced by former President Bill Clinton during a fundraiser at the New Amsterdam Theater in New York, June 4, 2012. EPA

Three months after concluding a record-smashing political fundraising operation, President Obama is making plans to return to the money trail to drum up dollars for Democrats.

Obama has committed to hosting at least 14 fundraisers for congressional Democrats this year, party officials said.  The plan was described as a “significant step up” from previous fundraising efforts by second-term presidents and “aggressive,” coming nearly two years before the midterm elections.

The president, who is very popular in Democratic enclaves and able to draw big crowds, will travel outside Washington for 10 of the events, with five benefiting the Democratic Senatorial Campaign Committee and five the Democratic Congressional Campaign Committee, officials said.

Four events will be held in Washington, with two separate events to benefit each individual committee and two joint events.

“This is particularly a big shot in the arm for House Democrats,” said one official familiar with the effort, asking to speak anonymously so he could speak freely.

Obama and party leaders are aiming to close the gap with House Republicans, who hold a majority in the chamber.  Democrats are also looking to bolster their narrow majority in the Senate.

In 2009, ahead of the last midterm election, Obama attended 10 fundraisers for the congressional Democratic campaign committees.  His focus then quickly shifted to raising money for his own re-election, attending an unprecedented 222 fundraising events between 2011 and 2012 that helped make his one of the first billion-dollar presidential campaigns.

The president’s fundraising schedule for 2013 was first reported by The New York Times.

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