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Home Politics

Biden headlining Democratic Party fundraising event

by todayminutes
August 3, 2021
0

President Biden is headlining a fundraiser for the Democratic National Committee on Monday evening in an effort to build up resources ahead of next year’s midterm elections, when the Democrats will be defending the razor-thin majorities in both the House and Senate. Biden will deliver remarks for the virtual fundraiser at 6:45 p.m. ET from the Executive Residence, according to the daily White House schedule.

Ticket prices for the event are $100,000, $50,000 and $36,500, according to an invitation obtained last week by Fox News. Monday’s event is the second DNC fundraiser the president has headlined since entering the White House in January.

“The DNC is going to need you, because here’s the deal: We won in 2020 as a unified party, and we need to stay unified and keep doing the big consequential things,” Biden said as he keynoted a national party committee fundraiser in late June.

The DNC two weeks ago reported a $90.9 million fundraising haul for the first six months of 2021, a record for the first six months of an off-year before a midterm election. The DNC’s total edged out the $85 million the rival Republican National Committee (RNC) brought in during the January-June period. But the RNC reported $81.7 million cash on hand, compared to $67.6 million in the DNC’s coffers.

The president’s headlining of his second DNC fundraiser comes just a week and a half after he returned to the campaign trail for the first time since taking over in the White House, as Biden was the main attraction at a rally in northern Virginia for former Gov. Terry McAuliffe, who’s running this year to reclaim his old job steering the commonwealth.

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