Ca-ching....Obama to appear at DCCC fundraiser

As many before him, President Barack Obama is visiting Los Angeles today for a chance to raise money to bolster the campaigns of Congressional candidates.

And, as those before him, it is Hollywood he is after at a cocktail party and dinner afterwards at the home of John and Marilyn Wells, Variety is reporting.

The president and House Speaker Nancy Pelosi are the featured guests at the event, which counts Barbra Streisand, Steven Spielberg and Jeffrey Katzenberg as co-hosts. Tickets run $2,500 per person and up to $30,400 per couple.

Also expected to attend is Mayor Antonio Villaraigosa who has been lobbying the president and the Los Angeles Congressional delegation to get behind his 30-10 funding for transit projects.