President Obama explains the Buffett Rule
President Obama explains why we need the Buffett Rule, which would ensure that people making more than $1 million a year pay at least the same share of their income in taxes as middle-class families.
Senate Republicans on Monday blocked a move to open debate on the so-called Buffett Rule, ensuring that a measure pressed for months by President Obama and Senate Democrats to ensure that the superrich pay a tax rate of at least 30 percent will not come to a decisive vote.