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

Gold-Plated Gowns And 8-inch Pumps: The Stuff That Made Starlets Shimmer

Actress Mae West was petite, but on screen — thanks to a pair of platform shoes — she looked larger than life. A show in Boston examines the fashion and jewelry of Hollywood's golden age.
NPR

Nigella Lawson Loves Leftovers And Knows How To Use Them

If you don't want to eat endless turkey sandwiches, there's plenty else you can make. David Greene talks to cookbook author Nigella Lawson about what to do with your Thanksgiving leftovers.
NPR

Pentagon Expected To Release More Detainees From Guantanamo

Since the midterm elections, there has been a new batch of transfers from Guantanamo Bay, Cuba, and more releases are in the works. But a new GOP Congress could stall the drive to empty Guantanamo.
NPR

Millennial Doctors May Be More Tech-Savvy, But Is That Better?

Text messages from your doctor are just the start. Millennials are the next generation of doctors and they're not afraid to say "chillax" in a consultation or check Twitter to find medical research.

Leave a Comment

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