President Barack Obama is raising money for his re-election campaign at a $40,000-per-ticket event in Washington.
Obama appeared at a fundraiser Wednesday with about 25 supporters at the W Hotel, a few blocks from the White House. The fundraiser was closed to reporters.
Obama is in the middle of a busy fundraising week in his race against Republican challenger Mitt Romney. He held six events on Tuesday in Baltimore and Philadelphia and has two more in New York on Thursday, including an event with actress Sarah Jessica Parker.
Romney and the Republican party raised more than $76 million last month, topping Obama's haul of $60 million along with the Democratic party. An Obama adviser noted it was the first time since 2007 that Obama had been outraised by an opponent.
(Copyright 2012 by The Associated Press. All Rights Reserved.)