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POTOMAC, Md. (AP) Working to fill campaign coffers for House Democrats, President Barack Obama poked fun at Republicans on Monday for placing an election-year focus on the deadly attacks in Benghazi, Libya, and his namesake health care law rather than on issues he deemed more serious.

Standing between two flags in a white tent erected outside a supporter's sprawling home, Obama pointed the finger at the GOP and charged his political opponents with employing an election strategy based around making Americans cynical, angry and suspicious enough that they vote for Republicans in the next election.

"The debate we're having right now is about what, Benghazi? Obamacare? It becomes this endless loop," said an incredulous Obama. "It's not serious. It's not speaking to the real concerns that people have."

It was a rare moment where the president's frustration with the GOP's incessant focus on his political weaknesses bubbled to the surface.

Republicans have spent recent weeks pummeling Obama and his administration over the 2012 attack in Libya that took place on Obama's watch. For Obama, the renewed focus on Benghazi, where four Americans died, only replaces one headache with another; until recently, Republicans had been laser-focused on pushing repeal of Obama's unpopular health law as a way to score points with voters in November.

It's not true that Democrats are behaving as unreasonably as Republicans, Obama insisted, adding that the GOP has been "captured" by a group that's unserious and ineffective.

"I hate to be blunt about it, but that's the play," Obama told about 65 supporters who paid up to $32,400 per couple for a chance to have dinner with the president. Joining them were a list of bold-named Democratic figures, including House Minority Leader Nancy Pelosi and Maryland Gov. Martin O'Malley, who is considered a potential presidential candidate in 2016.

This is the fifth time Obama has made the money pitch for House Democrats this year one of more than 20 fundraisers Obama has agreed to do through the summer for Democratic-aligned campaign groups.

Democrats are anxiously working to protect their fragile majority in the Senate, and would need a net gain of 17 seats this year to seize the majority from Republicans. But a combination of Obama's low approval ratings, an unfavorable electoral map and historical trends are all working against Democrats to dampen the party's prospects in November.

To that end, Obama was careful not to raise Democrats' hopes too high. Rather than urging donors to pony up big so Democrats can win back control of the House, Obama offered a more modest goal:

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Obama Raps GOP For Focusing On Benghazi, Obamacare

WASHINGTON (AP) While in Brussels for talks with European leaders in March, President Barack Obama held a little-noticed meeting with executives of a Belgian aerospace company. It was barely a footnote in a trip dominated by tensions with Russia over Ukraine.

But the meeting was the capstone of a lengthy courtship by the Obama administration and the state of Oklahoma to attract ASCO Industries to Stillwater, Okla., to build a new $125 million production facility.

The effort was part of an initiative called SelectUSA that Obama started in 2011 and expanded last year.

Obama this week is drawing new attention to the effort, convening business leaders Tuesday at the White House to advertise success stories in the face of continuing public anxieties over jobs and the economy.

Yet as Obama promotes the influx of foreign investment to the U.S., his administration and key members of Congress are also fretting over dozens of U.S. companies heading in the other direction. These businesses are merging with or acquiring overseas companies to change their address and gain tax advantages that can cost the federal government billions in tax revenues.

The most prominent example is Pfizer Inc.'s recent takeover attempt of British drugmaker AstraZeneca, a deal that if consummated would be the largest-ever foreign takeover of a British company. The potential acquisition would allow Pfizer to incorporate in Britain and thus limit its exposure to higher U.S. corporate tax rates. On Monday, AstraZeneca turned down Pfizer's latest offer of $119 billion, making the likelihood of a deal increasingly unlikely.

Pfizer's approach called a corporate inversion is the latest in a growing trend that could accelerate as corporate lawyers advise clients to get ahead of efforts in Washington to overhaul the tax system and close corporate loopholes. Companies that have created foreign shell corporations in recent years include familiar names like Tyco International and Ingersoll-Rand.

Though there is little chance of action this year, Republicans and Democrats generally agree that federal corporate tax rates, now at 35 percent, should be lowered while eliminating credits, exemptions and other tax advantages.

Still, the Obama administration's 2015 budget contained a specific proposal aimed at curtailing inversions and White House officials say such a fix would not necessarily have to be part of a broader overhaul.

In the Senate, Democratic Sen. Carl Levin of Michigan says he will propose legislation soon. Sen. Ron Wyden, the Democratic chairman of the tax-writing Senate Finance Committee, says he also has a plan to deal with inversions, but wants it to be part of more comprehensive tax legislation.

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Obama Touts Business Influx; Some Firms Exit, Too

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