SAN FRANCISCO (KPIX 5) – President Barack Obama is headed to the Bay Area for another fundraising swing next week. According to KPIX 5, KCBS and Chronicle insider Phil Matier, donors have not been quick to open up their wallets.

The president is scheduled to hold a lunch at the San Francisco Jazz Center Monday. But as Matier reported Tuesday, the cheap seats that went for $1,000 have been slashed to $500.

A $15,000 ticket to a private reception with the president may also have been discounted to $10,000.

The Democratic National Committee has not commented on the price cut.

Next week’s visit will be the president’s ninth trip to the Bay Area over the past two and a half years.

(TM and © Copyright 2013 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2013 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)


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