$100,000 Contribution to Democrat Candidate
Warren Buffett has contributed $100,000 to the Democratic candidate for Governor Chuck Hassebrook in the billionaire investor's home state of Nebraska.
Warren Buffetthas contributed $100,000 to the Democratic candidate for Governor Chuck Hassebrook in the billionaire investor's home state of Nebraska.
In what may be his largest donation to a single candidate at one time, the contribution to Chuck Hassebrook was disclosed yesterday through the candidate's filing with the Nebraska Accountability and Disclosure Commission.
Chuck Hassebrook is a former University of Nebraska Regent and director of the Center for Rural Affairs and this year he’s running as candidate against Republican Pete Ricketts, an Omaha businessman whose family owns the Chicago Cubs baseball team.
The chairman of Omaha-based Berkshire Hathaway Buffett contributes most often to Democratic candidates.
According to a spokeswoman for Buffett, he made the contribution because he believes Chuck Hassebrook would make "an outstanding governor."
The donation may be one of the largest that 83-year-old Buffett has made to a single candidate at one time.
Federal Election Commission reported that Buffett has spent $222,000 on various congressional and presidential campaigns since 1997-
Warren Buffett also gave $65,800 to the Democrat Obama Victory Fund during the 2012 campaign, and $10,000 to the Nebraska Senate Victory Fund, tied to former Democratic U.S. Sen. Bob Kerrey. Buffett also has given to state legislative candidates in Nebraska.
Buffett's political views have at times been controversial in the business world, considering that he's made no secret of his belief that the wealthy should pay higher taxes, and he says he pays a lower tax rate than his secretary.
Buffett joined Democrats during the early 1960s, saying his views on civil rights aligned more withthem.