Buffet Bill News Today

>> good evening. it is 10:00 on the east coast. we begin keeping them honest with president obama doing what presidents do in election years with proposals they know will win votes and dont have the votes to pass in congress. they try to pass them anyway even if they expect them to fail. sometimes, especially, if they expect them to fail to make a point. two examples tonight. one in texas and one on gas prices which the president appears to be doing with just a couple weeks ago he mock...

point. two examples tonight. one in texas and one on gas prices which the president appears to be doing with just a couple weeks ago he mocked. >> this has been going on for years now. every time prices start to go up, especially in an election year, politicians dust off their three-point plans for $2 gas. >> president obama, that was march 15th mocking challenger newt gingrich. today he wasnt promising $2 a gallon gas or dusting off a three-point plan. he did unveil a five-point plan ...

Capital gains. so what did he do? he brought up a very popular republican, brian, to try to sell it. >> yeah, he did. his name was ronald reagan and he took an excerpt from a speech. lets hear what president obama did yesterday to try to get ahead of mondays vote on whether the buffet bill would actually be passed. listen. >> several years ago, one of my predecessors traveled across the country pushing for the same concept. this president gave another speech where he said it was crazy. thats a q...

Latest updates on this topic.

Latest updates on this topic.

Latest updates on this topic.

Administration is going to roll out what it calls the buffet rule and millionaires will pay more taxes under the new budget deficit reduction plan. >> claon: yeah, all questions how was president obama going to pay for the jobs bill, right? the 447 billion dollar jobs bill and then submit it to the super committee. this is what hes doing. we learned from the white house, to daves point, it will be called the buffet bill and maybe shift things. right now at issue, the fact when investors when the...