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Warren Buffett Becoming Fundraising Surrogate for Barack Obama

Warren Buffett will be the featured speaker at a Chicago-area fundraiser on Oct. 27 to benefit President Barack Obama’s re-election bid, marking the second time this year the billionaire investor has agreed to help the man who has named a tax-increase proposal after him.

The fundraiser in Obama’s political base will follow a Sept. 30 event in New York City that Buffett is also attending.