Charlie Summers, the Republican candidate for the U.S. Senate, is hosting a media event on Wednesday to discuss the potential impacts of looming mandatory cuts — or sequestration — to defense spending.

The round table will also double as a fundraising event for his campaign.

The media is invited to attend the early portion of the session at the Portland Regency, which will feature Sen. Kelly Ayotte, R-N.H. and representatives from the defense industry. Later, those wishing to attend the round table, luncheon and the reception will have to contribute to Summers’ campaign.

According to an invitation obtained by the Sunlight Foundation, political action committee donors must give $2,000, while individuals will give $1,000. The reception costs $500 and $250, respectively.

Elsewhere, the online news publication Capitol reported Monday that New York City Mayor Michael Bloomberg will hold a fundraiser for independent candidate Angus King at his Manhattan home later this month. 

Bloomberg has already made smaller donations to the King campaign, but more recently donated $500,000 to the group Americans Elect, which is currently running ads supporting King. Americans Elect has committed $1.7 million so far in ads for King. 

King and Summers have both been to Washington, D.C. to build their war chests.

On Sunday, King was at The Rack restaurant in Carrabassett for a reception with gold medal snowboarder Seth Wescott.