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Obama called Warren Buffett to wish him well

April 18, 2012 RSS Feed Print

WASHINGTON (AP) — The White House says President Barack Obama has called Nebraska billionaire investor Warren Buffett, a day after Buffett said he had been diagnosed with early-stage prostate cancer.

White House press secretary Jay Carney says the president spoke briefly with Buffett and "wished him well." Buffett told shareholders in a letter released late Tuesday that his condition is "not remotely life-threatening."

Obama has called his proposal to raise taxes on millionaires the "Buffett rule." Buffett has complained that he pays a lower tax rate than his secretary, a problem he says is indicative of a lack of fairness in the tax code.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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