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

Evaluate him on performance or conduct. listening to this thinking what? who cares? >> bret: right. >> that is not the issue. >> bret: people attending this las vegas conference, they get a black jack dealers jacket. a tourist coffee book. all signed by jeff neely, the gsa administrator. >> a governmen coveted -- [ laughter ] up there with mickey ma willie d mickey mantle. >> there are 44 no votes on so-called buffett rule. this is based on the billionaire investor warren buffett who advocates pel thy pay the same tax rate of the subordinates and would impose 30% minimum rate on people earning...

Tax? >> they want to go out and suggest because a rookie cop or firemen, though they are paying tax, they are source of the unfairness. >> stymied as the legislation, although the official tally isn't in. the buffett rule will be reincarnateed as a campaign wedge issue. chuck schumer of new york called mitt romney the poster child for this and suggested that the buffett rule could be known as the romney rule. sign post where we're headed. >> bret: thank you. a lot of this has a familiar ring to it. get perspective from brit hume. good evening. >> hi, bret. there is something almost depressing ...

Gregg: the u.s. senate voting today on the so-called buffett rule. the proposal requires americans who earn more than a million dollars a year to pay a minimum of 30% in federal taxes and it's very popular with americans. look at the latest gallup polling data. 60% of the americans favor it. 37% oppose. republican john cornyn from texas is on the senate budget committee and joins us live from capitol hill. always good to talk to you. thanks very much. >> thank you. gregg: look, given the popularity of this is it unwise for your party, republicans to oppose it? >> well, i think we need to put i...

Overruling the nlrb. the senate's controlled by the democrats, and ten we've got president obama -- and then we've got president obama. >> absolutely unimaginable. megyn: what are they wasting time for in congress? >> because that's what they do best. where the republicans have been on this issue is mind boggling. because here we are, and senator enzi is pushing this forward, this rule goes into effect the end of this month. megyn: so this is their last ditch effort. >> it's a last ditch effort and a pretty poor one. megyn: might they get this thing passed in the senate? because president obam...

>> eric: not only are the lobbyists gaining access for a price. but companies getting preferential tax treatment. if you put up enough money -- >> bob: energy companies for president bush. >> kimberly: deals for play. like solyndra, what is next? algae company? seems to be into that these days. then you have exemptions under the obamacare, too? never ending. >> bob: how can you say anything when my good friend dick cheney had -- wait a second. wait one second. >> eric: break in, bob. i'll get back to you in a second. you are looking live at the senate floor where lawmakers are moments away fro...