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Obama raising money at $35,800-a-ticket event

April 25, 2012 RSS Feed Print

WASHINGTON (AP) — President Barack Obama is back in Washington from a three-state trip courting young voters in time to raise money from big-dollar donors.

Obama is attending a fundraiser with 25 supporters who each paid $35,800 toward his re-election effort. The event is at a hotel just blocks from the White House.

Obama made his way to the Jefferson Hotel just minutes after returning from a two-day visit to college campuses where he promoted a plan to renew a low-interest student loan program.

As with other events, the $895,000 raised is split between Obama's re-election campaign and the Democratic Party.

As of the end of March, Obama had raised about $350 million for his re-election campaign and the Democratic National Committee so far in this election cycle.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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