When White House aides recently suggested naming a new millionaires' tax the "Buffett Rule," President Barack Obama insisted they check with investing legend Warren Buffett first, according to the Wall St Journal..
It's a sign of the unusually close personal alliance that has developed between the president and the legendary Berkshire Hathaway chairman. Since endorsing Mr. Obama in 2008, Mr. Buffett has become an occasional private adviser to the president, including during a phone call with Mr. Obama in August when the president was vacationing on Martha's Vineyard. Mr. Buffett has recently emerged as a key public buttress for Mr. Obama's economic policy-making as well—including on ...
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