A fundraising dinner featuring President Obama will raise around $3 million for congressional Democrats on Thursday, two sources familiar with the event tell CNN.
The Democratic Senatorial Campaign Committee and Democratic Congressional Campaign Committee will split the $3 million haul, which falls far short of a recent GOP congressional fundraiser headlined by former House Speaker Newt Gingrich. Spokesmen for the National Republican Congressional Committee and National Republican Senatorial Committee said $14 million was raised at that event held earlier this month.
Still, the two fundraisers are difficult to compare because Democrats refused donations from registered lobbyists and political action committees for this dinner. Obama does not accept contributions from PACs and lobbyists.
Sure, PACs and lobbyists account for some of the difference . . . but one headliner is the current president of the United States with a high approval rating, and the other is a former House speaker who’s been out of elected office for a decade.
Democratic donor fatigue? Recession hitting one party harder than the other? A disappointment with broken promises?