Wednesday, April 11, 2012

Obama needs more than symbolism of 'Buffett Rule'

(CNN) -- In the early 1980s when I served on the staff of the Joint Economic Committee, we invited the Republican deficit scourge, Peter G. Peterson, to testify on Reaganomics, but he wouldn't come. Somewhat understandably, he declined to sabotage his own team. This week, when I was asked to comment on President Barack Obama's proposed "Buffett Rule," I had a similar urge to duck. But it passed.


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