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Topic - Obama'S "Buffett

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  • President Obama speaks about the so-called "Buffett Rule" on April 11, 2012, at the White House. (Associated Press)

    Obama's push for Buffett millionaires' tax falls short

    Republicans on Monday banded together in the Senate to block President Obama's "Buffett Rule" tax, halting one of his chief legislative goals but leaving him with what the White House believes is a potent political weapon heading into November's elections.

  • "To me, economic history proves that lower capital gains taxes grow our economy and higher capital gains taxes don't increase revenues." - Sen. Joe Lieberman, a Connecticut independent who usually sides with Democrats, missed the vote but said he would have opposed the tax.

    Obama loses vote on 'Buffett,' gains tool

    Republicans on Monday banded together in the Senate to block President Obama's "Buffett rule" tax, halting one of his chief legislative goals but leaving him with what the White House believes is a potent political weapon heading into November's elections.

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