Obama to pitch a new higher tax rate for millionaires and billionaires.

On “Meet the Press,” McConnell dismisses tax bump, says of Buffett, “If he’s feeling guilty about [his tax rate], I think he should send in a check.”

AND: On “FOX News Sunday,” Paul Ryan criticizes proposal, says “class warfare might make for good politics, but it makes for bad economics.”

More: WSJ on Congress unlikely to pass the proposal.