Obama expected to raise $3M for Dems

President Obama is expected to raise $3 million for the two Democratic campaign committees at a Thursday fundraiser, sources tell The Hill.

The event, to be held at the Mandarin Oriental Hotel in Washington, will benefit the Democratic Congressional Campaign Committee and the Democratic Senatorial Campaign Committee.

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The $3 million figure is approximately what the president raised for the Democratic National Committee at his first fundraiser, an event held at a downtown theater.

But it is significantly less than the amount President Bush would routinely raise for the two Republican campaign committees. In 2008, Bush raised $21.5 million for the National Republican Congressional Committee and the National Republican Senatorial Committee; in 2006, Bush raised $27 million for the two committees from about 5,000 contributors, according to reports at the time.

This year, in an event headlined by former House Speaker Newt Gingrich (R-Ga.), the NRCC and NRSC said they raised $14.5 million.

Democrats point out the difference between the two events, noting that Republicans use their annual dinner as a gala event, with donors flying in from across the country to hear from the headliner. Democrats do several smaller events, including the event for the DNC earlier this year.

The two Democratic committees are also working on getting access to Obama's massive donor network, which could bring in millions for the debt-ridden committees. Both the DCCC and the DSCC organized a campaign to pick one small-dollar donor who gets the chance to meet the president while attending the dinner.

The DSCC will announce the winner of their contest as Eric Wikner, of Lake Oswego, Ore. Wikner, an Air Force veteran, gave $20 to the DSCC.