Election over, but not the fundraising for Obama
{{#rendered}} {{/rendered}}The midterm elections may be over, but for President Barack Obama, the fundraising hasn't stopped.
Obama is headlining a fundraiser at a ritzy hotel near the White House to benefit the Democratic National Committee. The DNC says roughly 30 donors paid up to $32,400 each to attend.
It's Obama's first fundraiser since Democrats took a drubbing on Nov. 4, losing House seats and control of the Senate. Many Democrats blamed Obama.
{{#rendered}} {{/rendered}}Obama held dozens of fundraisers and raised millions for Democratic committees before the elections. But the DNC spent heavily to boost Democratic candidates and also opened a line of credit.
The Democratic Party now must start storing cash for the 2016 presidential race.