Obama Continues Pushing For Buffett Rule | WAMU 88.5 - American University Radio

WAMU 88.5 : News

Filed Under:

Obama Continues Pushing For Buffett Rule

Play associated audio
The U.S. Senate is scheduled to vote on the Buffet Rule on Monday.
http://www.flickr.com/photos/jcolman/542403931
The U.S. Senate is scheduled to vote on the Buffet Rule on Monday.

The government is broke, but any mention of a tax increase is anathema to the GOP. Instead of trying to bring in revenue through raising taxes, Republicans want to lower taxes, something Democrats and many economists say is completely irresponsible.

Meanwhile, President Obama has been trying to drum up support for the so-called 'Buffett Rule,' but he hasn't been winning over any Republicans. The majority of the GOP has signed a pledge opposing any tax increases, and they say the vote is just a political stunt by Democrats.

But Sen. Ben Cardin (D-Md.) denies the charge.

"Well I'll tell you, I think dealing with our economic realities is not politics," says Cardin. "I think that's what we need to do. We need to have a responsible game plan where we invest in America's future with job growth."

Cardin says the government needs any extra revenue it can get.

"We need to put more money into our roads, our bridges, our energy grids, and education," he says. "All of that needs more resources. Well, where do you get the money from? So I think the Buffett Rule is a matter of basic fairness, of basic justice."

Republicans have been fighting to unwind regulations and cut taxes, which they say will give businesses more freedom and money to invest.

The U.S. Senate is scheduled to vote on a tax increase on millionaires Monday.

NPR

Sandwich Monday: The Korean Steak Sandwich

For this week's Sandwich Monday, we try a sandwich with a cult following. It's the Korean steak from Rhea's Market and Deli in San Francisco.
NPR

Sandwich Monday: The Korean Steak Sandwich

For this week's Sandwich Monday, we try a sandwich with a cult following. It's the Korean steak from Rhea's Market and Deli in San Francisco.
WAMU 88.5

Witness List Released In McDonnell Corruption Trial

Among those on the witness list are Maureen McDonnell and the couple's three children, Sean, Rachel and Bobby.
NPR

It's Boom Times For Pop-Up Shops As Mobile Shopping Clicks

One-click online shopping is changing how we shop. Stores with leases as short as a day are proliferating — meaning a storefront can be a designer clothing store one day and a test kitchen the next.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.