The “Buffett Rule”

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.

Sunday, September 18, 2011

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Annual Allen & Co. Media And Technology Conference

Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., listens during an interview with Bloomberg via Getty Images Television on the sidelines of the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Friday, July 8, 2011. Buffett said he is wagering on continued economic expansion and doesn't expect a second recession. Photographer: Scott Eells/Bloomberg via Getty Images