President Obama will again tap the Eastside for cash Tuesday, attending a pair of evening fundraisers in Hunts Point that could bring in at least $1.75 million for his campaign.
President Obama will again tap the Eastside for cash Tuesday, attending a pair of evening fundraisers in Hunts Point and spending the night in Seattle.
The visit, Obama’s sixth to the state as president, is expected to bring in at least $1.75 million. No public events have been announced.
The fundraisers will start with a $35,800-per-person round-table at the home of Costco co-founder Jim Sinegal and his wife, Janet. About 25 business leaders are to attend.
Then, about 180 people are expected at a dinner, also at the Sinegal home, where Obama will deliver remarks about the economy.
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“I don’t know if new ground will be covered,” Jim Sinegal said. “He’ll probably reiterate where we’re at and that steadily the nation is trying to improve the economy.”
Dinner tickets start at $5,000.
Proceeds will go to the Obama Victory Fund, a joint fundraising committee of the Obama campaign, the Democratic National Committee and several state Democratic parties.
The evening in Seattle is part of a three-day West Coast swing that is expected to bring in about $6 million. On Monday, he attended a trio of fundraisers in the San Francisco Bay Area after speaking at the national Veterans of Foreign Wars convention in Reno, Nev.
The trip comes as Obama appears to be sliding behind Republican Mitt Romney in fundraising. Last week, Romney reported more than $106 million raised in June between his own campaign and various committees — $35 million more than the $71 million Obama raised. Obama was still leading in cash on hand, however.
Obama is well ahead in fundraising from Washington state donors, according to the latest campaign-finance reports. The president has pulled in nearly $6 million from state contributors, while Romney has gotten about $2 million.
As for the voters, the race here appears to be tightening, although Obama is holding onto a lead. A SurveyUSA/KING5 poll released last week showed Obama leading Romney 46 percent to 37 percent. He led by 14 points in the SurveyUSA/KING5 poll in May.
The last time Obama visited the area, in May, he attended a $35,800-per-couple event at a Lake Washington waterfront home and a larger, less expensive fundraiser at the Paramount Theatre.
Like the hosts of the May visit, the Sinegals are major Democratic Party donors. Their two-story waterfront home is 8,370 square feet, and the property — including a pool and tennis court — is eight times that size.
Obama is to fly out of Boeing Field on Wednesday morning.
Staff reporter Melissa Allison and news researcher David Turim contributed to this report. Information from The Associated Press was included in this report.
Brian M. Rosenthal: 206-464-3195 or email@example.com. On Twitter @brianmrosenthal.