ABC News reports that President Obama is continuing to attend big money fundraisers at a faster pace than his predecessors:
Fresh back from Afghanistan, Obama attended two private, $40,000-a-plate fundraisers Wednesday at the exclusive W Hotel, raising at least $2 million for the 2012 campaign, Democratic officials said.
The big money events, coming ahead of Obama’s first public campaign rallies on Saturday, are the latest reminder of how the president is padding his war chest at an unprecedented rate.
Obama has headlined 132 re-election fundraisers for his campaign and the Democratic Party since early last year, according to tracking by ABC News and U.S. Naval Academy political scientist Brendan Doherty.
President George W. Bush attended 86 fundraisers for his re-election campaign, the Republican Party or both groups during his first term. Presidents Bill Clinton and George H.W. Bush appeared at a total of 70 and 24, respectively.
With the cost of running for office on the rise—and big spending groups like super PACs thrown into the mix—these numbers are only going to go up, from the White House to Congress.