Obama swings west for campaign cash

President expected to raise millions

By Dan Lothian CNN White House Correspondent
POSTED: 6:56 PM Oct 07 2012   UPDATED: 1:17 AM Oct 08 2012
Obama 10-4-12
Los Angeles (CNN) -

President Obama is tapping his California ATM with a combination of star-studded concerts and intimate high-dollar dinners.

He's expected to raise nearly $9.5 million dollars for the Obama Victory Fund over two days.

The West Coast swing kicks off with a big concert at the Nokia Theatre in Los Angeles, featuring Jennifer Hudson, Stevie Wonder, Katy Perry, Jon Bon Jovi, and Earth Wind & Fire. Actor George Clooney is slatted to deliver remarks.

A campaign official tells CNN an estimated 6,000 people are expected at the Sunday-evening event, with tickets starting at $250.

Obama will also meet privately with a dozen so-called high-dollar donors, along with former President Bill Clinton, and attend a dinner with 150 guests at $20,000 per person.

On Monday, the president heads to San Francisco, where he'll attend three fundraisers:

-- A $40,000-per-person event at the Intercontinental Hotel,

-- A $20,000-per-ticket dinner at the Bill Graham Civic Auditorium,

-- And another concert featuring John Legend and Michael Franti that's expected to draw about 6,000 people, with tickets starting at $200.

In a separate event at a private residence on Monday in Los Angeles, President Clinton is expected to raise an additional $160,000.

Campaign officials say this big fundraising push will help them compete in key battleground states where polls still show a tight race.