Page 9 - Buffet Rule 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 ...

Smaller government, individual responsibility and the church, i think he gave about the same thing that biden gave. i want to get back to your point. >> bill: he has got seven kids. he has got some bills and a little baby who is in and out of the hospital all the time, come on. >> i agree. but you know what? i have always given and i think you probably have, too. but i just wanted to say lets get back to the public policy, i disagree with mary katharine. i think that unless the tax system is fai...

Outrageous testimony from norway, anders braivik boasting he would do it all again and it was the most spectacular attack since world war ii. one of the judges was kicked off the case for saying that he deserves the death penalty. he was admitted to killing 77 people but pleaded not guilty claiming he was acting in some sort of self-defense. is it a major blow to president obama? the senate rejecting the so-called buffet rule aimed at raising taxes on millionaires but the debate will rage on. >>...

Billionaires arent sharing the pain or the sacrifices, not one bit. >> while republicans called the buffet rule a political gimmick, democrats are planning to use the vote against them leading up to the election. theres more fallout from the alleged secret service prostitution scandal in colombia. 11 agents are on paid administrative leave and have been stripped of their security clearances. we also now know among the 11 men involved, two were supervisors. three were members of the elite counter...

Conservatives who dont go to the church are the stingiest. i think your point is really about public policy, about the buffet rule thats being debated here in washington today. >> right. look, its more than that i mean, when you say people tithe to their church, well, thats true, mitt romney is the best example of that but that money, okay, that goes, for example, when i go to church and i put it in the basket. that money is not going to buy cadillacs to pastors. its catholic charities, its goin...

January. a poll shows americans are pretty much split on how much the president can do on lower gas price. slightly more registered voters say he could do more but its clearly a statistical tie. wendell goler is at the white house. so he laid out an energy plan today, wendell, what is it. >> shep, the president wants more market regulators more cops on the beat. powerful computers, tighter limits on oil speculators and tougher penalty on those found guilty of breaking the rules. he doesnt claim ...

That sort of correlation still exists in the usa of 2012. in fact, theres been some fascinating research on this. larry bartells looked at the effect of public opinion on legislation. he matched senate voting records with public opinion data but specifically public opinion da that that was broken down by income level. pe found quote, in almost every instance senators appear to be considerably more responsive of aflunts constituents while the opinion of con stitch wents of the bottom third income...

Fairness has left the building. democrats arent changing the lifestyle of the wealthiest americans of the buffet rule were to pass. you mean to tell me that people making over a million dollars a year couldnt shell out 30% of their income for the good of the country if as mitch mcconnell says were in a crisis but republicans are changing the lifestyle of the middle class. middle class americans for the worse. thats why obamas super pac is hitting mitt romney with this ad in ohio and other swing ...

Mcconnell said the proposal was nothing more than a political gimmick by president obama. >> were in a crisis here and sadly its all politics all the time. for him, its not about jobs or the economy. its about his idea of fairness about imposing it on others. if we lose more jobs in the process, oh, well, so be it. >> this is who they are. did you hear that? he says, were in a crisis, but the republicans want to give the wealthiest americans even more money. its not just about presidents idea of...