Payback.

Via Beltway Confidential:

Vice President Joe Biden made a surprise visit to Costco this morning for the warehouse store’s grand opening in Washington D.C.

According to the White House the Vice President was greeted at Costco by CEO Craig Jelinek and co-founder Jim Sinegal.

The visit is the latest sign of the friendly relationship Costco leaders have with Obama as they have publicly supported Obama’s economic agenda.

Sinegal, Costco’s former CEO, gave a

speech praising President Obama at the Democratic National Convention in September.

Sinegal retired as CEO in January, but gradually took a greater interest in Obama’s re-election campaign.

Sinegal hosted a fundraiser for Obama in July at his Seattle area mansion at Hunt’s Point. Tickets for the event ranged from $5,000 to $35,000 and reportedly raised more than $1.4 million.

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