George Soros 2.0
NEW YORK (CNNMoney) — Warren Buffett will host a fundraiser for President Obama next month in New York City, the Berkshire Hathaway CEO told CNNMoney on Thursday.
With the 2012 election season just around the corner, the campaign to put Obama back in the White House for a second term is well underway — and it’s not unusual for the campaign to boost the president’s drawing power by allowing him to share the stage with a well known benefactor.
Billed as an “Economic Forum Dinner with Warren Buffett,” the fundraiser will be held at the Four Seasons restaurant in New York and moderated by former Obama economic adviser Austan Goolsbee, according to a schedule obtained by Politico.
The event will bring in a pretty penny for the campaign. The base price is $10,000, while a $35,800 donation will buy a VIP reception with Buffett, according to the schedule.
The Democratic National Committee confirmed the fundraiser was happening, but was silent on the details.
Last week, Buffett made clear — in a very high-profile way — that he supports one of Obama’s key policy goals: Higher taxes on the rich.