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Paul Ryan: Obama Waging 'Class Warfare'

'Buffett Rule' finds no fan in Budget Committee chair

By Polly Davis Doig,  Newser Staff

Posted Sep 18, 2011 9:03 AM CDT | Updated Sep 18, 2011 11:13 AM CDT

(Newser) – The so-called Buffett Rule, President Obama's pending plan to raise taxes on the rich named for Warren Buffett, found an outspoken critic in Paul Ryan today, Politico reports. "Class warfare might make for good politics, but it makes for bad economics," the House Budget Committee chairman tells Fox News Sunday, warning that such a move would drag down job creation and send the economy reeling backward. "We think this is going in the wrong direction," Ryan said. Elsewhere on your Sunday dial, as per Politico:


Sen. Lindsey Graham, R-SC, and other Republican senators, speak as they claim the National Labor Relations Board is playing politics and hindering job growth.
Sen. Lindsey Graham, R-SC, and other Republican senators, speak as they claim the National Labor Relations Board is playing politics and hindering job growth.   (AP Photo/J. Scott Applewhite)
House Budget Committee Chairman Paul Ryan (R-WI) addresses The Committee for a Responsible Federal Budget's annual conference June 14, 2011 in Washington, DC.
House Budget Committee Chairman Paul Ryan (R-WI) addresses The Committee for a Responsible Federal Budget's annual conference June 14, 2011 in Washington, DC.   (Getty Images)
In this Aug. 1, 2011 file photo, House Budget Committee Chairman Rep. Paul Ryan, R-Wis., gestures during a news conference on Capitol Hill.
In this Aug. 1, 2011 file photo, House Budget Committee Chairman Rep. Paul Ryan, R-Wis., gestures during a news conference on Capitol Hill.   (AP Photo/Jacquelyn Martin, File)
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COMMENTS
Showing 3 of 117 comments
DontLikeYou
Sep 19, 2011 8:10 AM CDT
Obama is a clown.  He cannot properly run a country but he can make his followers hate everyone else. It won't work.  This ass hat is gone and the left knows it.  He is DESPERATE.  lol
Non-deep-thinker
Sep 19, 2011 12:15 AM CDT
They're going to need $1.5 trillion in new taxes because they can't make the connection between spending and then wondering 6 months later why all the money vanished.
odowd80
Sep 18, 2011 9:29 PM CDT
If the Buffet Rule is a shot lobbed at the rich, TARP was an nuclear warhead dropped on the middle and poor.

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