January 13th, 2012
04:06 PM ET
(CNN) - How quickly can you raise $1 million?
It took President Obama a little over 45 minutes on Friday.
Obama darted out of the White House midday for a quick reception with about 20 supporters at the nearby Jefferson Hotel. Each participant paid $45,000 for the face-time with the president, according to an Obama campaign official.
That breaks down to $5,000 for the campaign, $30,800 to the Democratic National Committee, and $9,200 to the Swing State Fund - a separate committee that focuses its efforts on battleground states.
Reporters were not allowed into the brief and lucrative fundraiser because the president did not deliver any formal remarks, according to deputy press secretary Josh Earnest.
The president departed the White House at 1:50 p.m. and was back in the West Wing just over an hour later.
From around the web