Hours after delivering a White House speech that called on wealthy Americans to pay higher taxes, President Barack Obama dined with some of these very Americans in New York. He was expected to raise more than $2 million for his reelection campaign.Meanwhile, Warren Buffett, who's become a popular target in Obama's campaign, is actually paying more than Obama says he is. Of course, when you're a liberal Democrat, too much is never enough...
He didn’t mention his plan to tax the rich, at least not in front of reporters. But he did allude to the controversy around his plan.
The fund-raiser was held at the Upper East Side home of Jane Hartley, CEO of the Observatory Group LLC, an economic and political advisory firm, and Ralph Schlosstein, president and CEO of the investment banking firm Evercore Partners Inc.
Earlier in the day, Mr. Obama proposed a $3.6 trillion deficit reduction package, much of which would come from higher taxes on families earning over $250,000.
Among the guests: Peter Orszag, Mr. Obama’s first budget director, now at Citigroup.
Other co-hosts include Roger Altman, founder and chairman of Evercore, and deputy Treasury secretary under President Bill Clinton; Tom Bernstein, president of Chelsea Piers, and his wife, Andi; and Michael Kempner, a New Jersey-based public relations and lobbying executive.
Tickets to Monday’s dinner were $35,800 per person, with $5,000 going to the Obama campaign and the rest going to the Democratic National Committee. That’s the maximum contribution allowed by law.
Tuesday, September 20, 2011
He claims to despise them, but he'll gladly take their money: