The Washington Times - September 13, 2012, 12:02PM

President Obama is tapping into his celebrity appeal by calling on one of music’s preeminent power couples to help raise money for his reelection campaign.

Singer Beyonce and rapper Jay-Z will host a $40,000-a-plate Obama campaign fundraiser on Tuesday in New York, according to reports and an email sent out by the campaign Thursday morning. The husband and wife — whose real names are Shawn Carter and Beyonce Knowles — will host the event along with Mr. Obama at the rapper’s 40/40 Club, which he opened in 2003.

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While the fundraiser carries a hefty price tag, the campaign announced in an email Thursday that donors can donate as little as $5 to enter a drawing for a chance to attend.

According to a report in the New York Post, the event will be capped at 100 guests and attendees will have the chance to be photographed with president in exchange for an extra $12,500 contribution.

The Obama campaign announced Monday that it raised $114 million last month, eclipsing the $100 million mark for the first time this election cycle. The total edged out Republican presidential nominee Mitt Romney’s $111 million haul, marking the first time since April that the president has raised more money than Mr. Romney.