Obama holds private fundraiser

AP News
Posted: Mar 06, 2012 5:47 PM
Obama holds private fundraiser

President Barack Obama is attending a private fundraiser with about 20 wealthy donors who each gave $35,800 to his re-election effort.

Obama is holding the event at the upscale Jefferson Hotel near the White House. The fundraiser is closed to the media.

Proceeds from the fundraiser Tuesday are split between Obama's re-election campaign and the Democratic Party.

Through the end of January, Obama has raised about $250 million for his re-election campaign and the Democratic National Committee during the current election cycle. He is scheduled to attend fundraisers in Houston on Friday.