March 4, 2024 Breaking News, Latest News, and Videos

President Obama To Fundraise Today At Homes Of Chuck Lorre, Tyler Perry:

President Barack Obama is scheduled to arrive at Los Angeles International Airport this afternoon aboard Air Force One, then headline two Democratic National Committee fundraisers.

Obama’s first stop will be the Pacific Palisades home of television producer Chuck Lorre for a $16,700-per-person event benefiting the DNC’s 2016 White House Victory Fund, the entertainment trade publication Variety reported.

The invitation describes the event as an “intimate, living room style event” with only 30 people, but a chance to have “an open dialogue and discussion with the president,” according to Variety. The event will be closed to reporters.

Obama will then head to the Beverly Hills home of filmmaker Tyler Perry for the second fundraiser.

Tickets are priced from $2,500 to attend a reception to $33,400, the maximum allowable donation to a national party committee, which includes admission to a reception, where Obama will speak, and dinner and a photo with the president.

Tickets for the dinner are priced at $20,000 per couple. The price to attend the reception and have a photo taken with Obama is $10,000, according to an invitation obtained by City News Service.

One pool reporter will be allowed to attend.

Coincidentally, the front-runner in the race to succeed Obama, former Secretary of State Hillary Rodham Clinton, will also be in the Southland for a fundraiser today.

Clinton’s fundraiser will be at the Balboa Bay Club in Newport Beach, with tickets priced from $1,000 to $2,700, the maximum individual contribution for a candidate seeking his or her party’s

presidential nomination.

Clinton will also conduct three fundraisers Friday on Los Angeles’ Westside — a 12:30 p.m. luncheon at the Beverly Hills home of Westfield Corp. co-CEO Peter Lowy and his wife Janine; a 5 p.m. event at the home of HBO executive Michael Lombardo and husband Sonny Ward; and a 7 p.m. event at the home of actor Tobey Maguire and his wife Jennifer Meyer. Tickets for each event are priced at $2,700.

The visit will be Obama’s 22nd to Los Angeles and Orange counties as president.

Obama has attended fundraisers during 18 of his previous 21 visits to Los Angeles and Orange counties as president, attending 32 fundraisers in Los Angeles County on those trips, occasionally attending multiple fundraisers during the same visit.

Through the seventh years of their administrations, Bill Clinton conducted 42 fundraisers in the region, George W. Bush nine and Ronald Reagan eight, according to research by Brendan J. Doherty, an associate professor in the Department of Political Science at the U.S. Naval Academy, for his book “The Rise of the President’s Permanent Campaign.”

George H.W. Bush conducted 10 and Jimmy Carter six during their single terms, according to Doherty.

“Clinton’s presidency saw a marked increase in the number of fundraisers presidents headlined for the national committee and George W. Bush and Barack Obama have followed suit,” Doherty told City News Service.

“Presidents fundraise far less for state parties and for individual candidates than they used to. The causes are many, but one key is that the limits on contributions to political parties are higher than on contributions to individual campaigns.”

On Friday, the comic Marc Maron will interview Obama in the garage of his Highland Park home for his podcast “WTF with Marc Maron.”

Obama will then leave Southern California, bound for the San Francisco area, where he will speak at the annual meeting of the U.S. Conference of Mayors and fundraisers for the DNC and Democratic Congressional Campaign Committee.

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