Warren Buffett To Headline Obama Fundraisers In Chicago, New York

WASHINGTON -- Billionaire investor Warren Buffett will headline a pair of campaign fundraisers for President Barack Obama in the coming weeks.

Obama's re-election campaign says Buffett will help raise money for the president at an event Sept. 30 in New York City. The longtime Obama adviser will also headline an event on Oct. 27 in Obama's Chicago hometown. Obama was not expected to attend either event.

When Obama outlined his recommendations this week for a special congressional committee charged with finding up to $1.5 trillion in deficit cuts, he suggested that a minimum tax be imposed on millionaires. The White House is calling it the "Buffett Rule." Buffett has complained that Congress coddles the wealthy. He also has said it's unfair that his secretary pays higher tax rate than he does.

Comments

[ferob]

05:56 AM on 09/24/2011

For all those people saying Buffet should just write a check to the government, isn't the other side of the coin? All of you speaking out against social security and medicare, please send the money back. And stay out of section 8 housing.

[hgus]

03:50 PM on 09/22/2011

Ready for the GOP talking points?

They wont be very creative. It will follow their standard motto.

"Show us the birth certificate"
"Show us your grades"
"Show us your tax plan".


They will use that same silly logic on Buffet "Show us your tax returns".

[jfedens]

11:06 PM on 09/22/2011

Screw all of your "Show us."..except the door and don't let it hit him (barry) in the a--. It is time for Real Change and Hope... we can get it right...for the sake of the country. And for buffet, he is severally depressed his fortune only went up $ 10 billion in the last year...He should shut up and give it to the government vs the barry fund.

[LoriAnn]

01:55 PM on 09/22/2011

Come on Warren !! Lets Roll.......

[Vintage59]

01:49 PM on 09/22/2011

Warren Buffett represents the smart money on Wall Street and has for decades. He continues that streak.

[Passenger57]

01:20 PM on 09/22/2011

Heeyyyy! A "job creator" supporting Obama! But I thought...

[GordonNYC]

01:26 PM on 09/22/2011

He owes 1 billion in back taxes. And we all know Obama helps his friends.

[Mdinn30]

01:56 PM on 09/22/2011

Not true. Its deferred taxes. Quit repeating bill o and Sean hannity. He does not owe back taxes

[Passenger57]

07:19 AM on 09/23/2011

LOL! You make "helping your friends" seem like a bad thing, not that he's actually doing that with Buffett. Should I add that to "The List" (Things That Used To Be OK Until Obama Came along") anyway, even though you don't know what you're talking about? Hmmm...

[Steven Pedullo]

01:08 PM on 09/22/2011

am i the only person who is sick of listening to billionaires like trump and buffett

[hgus]

03:51 PM on 09/22/2011

Or Koch, or what about half Billionaires? Like Romney?

[jfedens]

11:20 PM on 09/22/2011

How about all of our politicians who have made millions off the american public...both parties are shameful in this area. If these billionaires want to make more tax payments do it. Quit talking about it and Just do it...
Has Chris Dodd and Barney Frank gone to jail yet? These guys have killed our economy.

[Uncle America]

01:00 PM on 09/22/2011

Warren Buffett may have money and brain to run his empire but definitely no brain when it comes to politics. Maybe he felt flattered Obama used his name for tax increase and now he has to return the favor.

Hey Buffett, how's your haggling with IRS btw? I love it when he demands he should be taxed more while he dodges and haggles at the same time. One word: H Y P O C R I T E!

[Lobedawgs]

01:12 PM on 09/22/2011

Don't worry he's getting his comeuppance by having a tax named after him. I'd rather have a venereal disease named after me than a tax.

[hgus]

03:54 PM on 09/22/2011

That says it all. It just proves that your refuse to think. You are so ideologically driven that it would be impossible for someone to even enter into a discussion with you.

People with your committment to ideology over country need to be eliminated from the conversation. Because flat out, you will not converse.

[Passenger57]

01:21 PM on 09/22/2011

He has said that his secretary is in a higher tax bracket than he is, implying that it wasn't fair and that he should be taxed more...

[floridaviolinist]

12:39 PM on 09/22/2011

this must really piss off the GOP. They say the "job creators" are "taxed enough already" and then Warren Buffett comes out and says "please, for the love of god, raise my taxes". I love it. I freakin love it.

[driverstest]

12:35 PM on 09/22/2011

Warren, Warren, Warren. It is obvious that your are an astute businessman. It is time to realize that you are attaching yourself to a sinking ship along with being used for a political agenda.

[floridaviolinist]

12:38 PM on 09/22/2011

if he didn't want to speak at the events he could easily say "no". I think Mr. Buffett would be smart enough to realize if he were "being used", he's obviously no dumbie.

[jfedens]

11:29 PM on 09/22/2011

His minions are running his business and he has some kind of brain drain....Don't you think? Nobody can be as stupid as buffet sounds here recently. Maybe to many fudge sundaes at the DQ...sugar overload I guess...

[Lynda Filler]

12:32 PM on 09/22/2011

All I can say is that if Warren Buffett believes in Pres. Obama, the voters should take a very serious note before throwing Obama out. After all, Buffett doesn't need the tax breaks, no longer needs more money, has actually been giving it away with Bill Gates in the Bill and Melinda Gates Foundation. Take heed before you vote for Republican.

[jfedens]

11:33 PM on 09/22/2011

I don't think any money has changed hands yet...I think barry is the worst president we have had since I started voting in the sixties. Carter was bad and O is worse...we need some real hope and change this time.

[Aarroonn Fleszar]

12:31 PM on 09/22/2011

Nothing odd about billionaires begging to pay more in taxes.

[Rascal7]

12:15 PM on 09/22/2011

Cool.

[independenttp]

12:14 PM on 09/22/2011

Oh Maggo you did it again!

[gagaa]

11:54 AM on 09/22/2011

crony capitalism from left and right are sucking the bloood of American people dry, till last drop.

[riley85]

11:38 AM on 09/22/2011

Obama may have a "woman" problem at the White House, but he sure gets along great with rich old white guys--who happen to be millionaires or billionaires.

[opprobrious]

11:57 AM on 09/22/2011

Really? How's his relationship with the Koch brothers?

[yoozum]

12:02 PM on 09/22/2011

What president doesn't have lots of millionaire and billionaire friends? Politics is money, my friend.