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Obama's New York sprint also includes a visit with counterterrorism workers to thank them for their efforts. By holding an official event along with his fundraising, Obama dramatically reduces the cost of presidential travel that's charged to the political campaigns. Taxpayers pick up the rest of the tab.
At separate events in New York City, the president will raise money both for Bill Owens, a Democrat trying to win a special election in an upstate New York congressional district, and for the Democratic National Committee. The national party fundraising event alone is expected to generate between $2 million to $3 million.