Page 23 - Buffet Rule News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Artillery barrage. back to you. rick: le learned vitter, live to us from the region, thanks. jenna: back here at home, congress is slugging it out over the president's buffet rule. coming up, what we can expect from today's vote and what it means to you. speaking of what things mean to you, you have less than 24 hours to finish filing your taxes! some of the worst segments you have to deal with. unpopular. you've got to deliver the news! that's a fact. tax day is tomorrow. we're going to find out if americans think uncle sam is taking too much. we have a hunch! we'll report, you city. ok! who ...

Have to be on their game. if they're not on their game, they'll have a hard time because these are the kinds of things that are bad for the country but they play fairly well. >> and you just said fairly. that's what the president is pushing between now and the election is fairness. and yet, mr. trump, you know, about half the country doesn't pay federal income tax. is that fair? >> no, it's not and in fact, it's even more than that, as i understand it. and it's not fair. a large, large percentage do not pay and it's interesting that he uses the name buffet. because buffet has locked into a hug...

It, he would not be impacted given what we know right now. and also given the fact they've been very, very vague about the specifics on the buffet rule. >> so chris wallace asked david axelrod yesterday, being the president giving less than fortunate people are giving. should he kick in more? david axelrod responds. >> i take it he's not going to contribute money to the treasury to help with the deficit. >> listen, that's not the way that we operate our tax system. we don't run bake sales. it's not about volunteerism. we all kick in according to the system and the system allows that -- look, t...

Spending. >> a decade from now we'd have a third less spending on medicaid and that will hit people with disabilities, hit people in nursing homes very hard. millions and millions of people will not be able to get services they need. in terms of -- yes, they say that they will offeree sets. we have not heard one offset. the president proposed closing of loopholes. we've not heard that from congressman ryan and the republicans. so you talk about hope, i guess your hope is they will be forthcoming sometime in the future. the fact is we haven't heard them. >> in the last week the president has ma...

Fairness and that americans deserve to see how their lawmakers come down on such issues with the economic recovery in the balance. >> i remember when 4-$7 billion seemed like a lot of money. it is a lot of money. there is a -- when you reduce theo when you eliminate the bush tax cuts for the very wealthy, that adds another $800 billion. so this is a piece of a larger pot. >> the fact of the matter is, the very wealthy can hire the army of lawyers and accountants to help them circumvent this, help them defer this tax, and a lot of small business people who pay flow through income on an individu...