Obama and Virginia Gov. Tim Kaine, the DNC chairman, attended one event Wednesday at the National Women in the Arts Museum, during which about 150 donors contributed $30,400 each -- the maximum allowed by law, The Hill reported Thursday. Obama then went to the Warner Theater where singer Tony Bennett performed and tickets ranged from $100 to $1,000.
The money Obama raised is part of a traditional windfall that benefits the party controlling the White House, the Washington publication said. Republican National Committee records indicate former President George W. Bush raised $146 million for GOP committees and candidates during the 2008 cycle.
The DNC reported having $8.6 million cash on hand as of March 1, but had more than $6.9 million in debt. The RNC had more than $24 million in the bank March 1 and reported no debts or obligations.
2014: The Year in Music [PHOTOS]