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Just taxing millionaires and billionaires won't do enough to close the deficit. well, i agree. >> gregg: is that a ready made commercial for republicans in the fall. even the president admits his own sort of signature plan, buffet rule is a gimmick? >> i think the message they should put out. in the last three and a half years the president has been in office. >> gregg: i'm so sorry. we have to go to colombia. the white house briefing. let's listen in. this is matter that is being looked in an appropriate manner by the secret service itself. it would not be appropriate for the president to b...

With him and continues saying things like, well, the rich can take care of themselves, he sees that issues. he has to go out and make the argument that lower tax rates for all are what create jobs and economic growth. if he can't do that, then the republicans have a problem. >> no, i think kim is absolutely right on that. this is an opportunity for romney. i mean, here is a president, going after the single most important group of people who can create jobs, who can give us capital formation, who can give us growth, and romney has to make that very clear, because if the president just sails th...

90% of the buildings were damaged it's right in the middle of the watch area right now. >>. >> gregg: let's talk politics. president urging congress to pass the oh soe called buffet rule in his weekly address today. he once again pitched the idea. it requires americans who earn more than a million dollars to pay a minimum of 30% in federal taxes. >> most americans support this idea. one survey found that two-thirds of millionaires do, too. nearly half of all republicans. we just need republican politicians to get on board with where the country is. >> gregg: so what sort of impacted did this h...

>> he can give whatever his rent is. this is political theater. if the president wants to eliminates the capital gains tax which is where these people take it. i want a big tax reform and i want to do this. this is all part of the war against the rich. this class warfare and the truth of the matter you can go back a few years ago, warren buffett took $150,000 a year in salary. if he wants to pay more in taxes he can take all his income and pay it, but that is not what it is. >> we read this week, one of his companies is fighting it. it's hilarious. >> let's talk about the buffet rule. when war...

>> he can give whatever his rent is. this is political theater. if the president wants to eliminates the capital gains tax which is where these people take it. i want a big tax reform and i want to do this. this is all part of the war against the rich. this class warfare and the truth of the matter you can go back a few years ago, warren buffett took $150,000 a year in salary. if he wants to pay more in taxes he can take all his income and pay it, but that is not what it is. >> we read this week, one of his companies is fighting it. it's hilarious. >> let's talk about the buffet rule. when war...