News

Sep 21, 2011 5:43 PM by Dr. Anya Winslow

Billionaire Buffett to headline Obama fundraisers

WASHINGTON (AP) - 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.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

»Comments

»Topics in this article

More News

Weather - Forecast
Story Photo

17 hours ago

Rain & Snow On The Way

A Winter Weather Advisory is in effect from 6 PM tonight until 4 AM Thursday for Teller County, the Rampart Range (including...

Most Popular

Top Videos

1 2 3 4