By Alicia M. Cohn - 03/01/12 01:49 PM EST
The RNC cites a report from CBS News White House correspondent Mark
Knoller that former President George W. Bush had only hosted 56
fundraisers at this time during his 2004 reelection bid.
The video also accuses Obama of fundraising while "the national debt increased by $1.2 trillion," gas increased to $3.73 per gallon and "4.5 million voted for Obama's replacement" in the GOP race.
"After four years of failed policies, he'll need every penny," the video text concludes.
Obama is set to headline four fundraisers in New York City on Thursday night, according to the White House schedule.