Obama Tells Donors He’s Felt ‘Frustrated’ by Lack of Progress

Thursday, 30 Jun 2011 09:25 PM


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June 30 (Bloomberg) -- President Barack Obama told Democratic Party donors today that he has felt “frustrated” by the lack of progress on some of the nation’s problems, as he asked for their support to finish the job he started.

“There’s times when I feel, you know, frustrated,” Obama said at the first of two fundraisers in Philadelphia. “But we knew this wasn’t going to be easy.”

He criticized the Republicans seeking their party’s presidential nomination for the 2012 election for already being more interested in political attacks than solving the nation’s problems.

“They won’t have a plan, they’ll attack,” Obama said. “The American people are a lot less interested in us attacking each other. They’re more interested in us attacking the country’s problems.”

During the second fundraiser at the home of Comcast Corp. executive David Cohen, Obama said there are still things he needs to accomplish in areas such as education, immigration policy and economic growth.

In current negotiations over the budget deficit, Obama said Republicans are advocating policies that would turn back the progress made during his administration.

“This is not just a numbers debate, this is a values debate,” he said. “We can make changes that are balanced.”

The question now, he said, is “one of political will.”

“I hope you understand that the stakes are enormously high,” he told donors.

$1.2 Million Today

Obama will raise at least $1.2 million for the Democratic Party and his re-election campaign at the two fundraisers. Tickets for the first, in a hotel ballroom downtown, started at $100. Tickets for the dinner at Cohen’s home started at $10,000.

Obama began raising money for the 2012 elections in March and has already collected millions of dollars for Democratic candidates and party organizations across the country and in Puerto Rico.

He recently traveled to New York City for three fundraisers and raised at least $3 million at a pair of events in Washington, D.C., on June 20.

Candidates, political parties and outside groups could spend as much as $3 billion during the 2012 presidential election, an increase from the more than $2 billion the Federal Election Commission said was spent during the 2008 election.


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