When Warren Buffett speaks, people listen, at least the media do, judging by the rapturous coverage of Berkshire Hathaway's ( BRK.A) annual meeting last weekend. But what caught my attention was something Buffett said last weekend that got scanty press coverage. (Market action and the Fed meeting have prohibited me from addressing this until now.) During what RealMoney.com contributor Chris Edmonds called an "ad hoc press conference" prior to Berkshire's annual shareholders meeting, Buffett said: "We as in the U.S.A. are going to spend $2.2 trillion this year; it's just a question of where it comes from. And, frankly, I don't think enough of it comes from people like me and too much comes from people who work in our shoe factories." Reuters further reported that Buffett also said: Bush "is not changing the amount the American public sends the government, just changing who does it," and unfairly to the benefit of rich people. Given that the statement came as President Bush stumps the country for more tax cuts while Congress is trying to hammer out a package, you'd think Buffett's comments would have been bigger news for mainstream media outlets. (On Tuesday, Senate Finance Committee Chairman Charles Grassley submitted a modified version of Bush's proposals with a plan that calls for a three-year phase of dividend tax reform, a reduction in income tax rates, increased tax credits for married couples and higher tax credit for children under 17.) Considering Buffett has supported an effort to preserve the estate tax and provided financial support to Hillary Clinton's Senate campaign, it's pretty clear where his political sympathies lie. As a colleague said in explaining the relatively light coverage this received: "He's known as a Democrat, so it stops being an ultrarich-guy-bucks-the-system story and becomes a rich-Democrat-criticizes-Republican-idea story." Buffett couldn't be reached and his assistant declined to comment further, saying: "He said what he had to say on Saturday and Sunday."