President Obama says he’s willing to change the name of the proposed “Buffett Rule” to the “Reagan Rule” if it will sway Republicans to “get on board” with the rest of the country.
For the second day in a row, Obama sought to convince critics that the wealthiest Americans should pay their fair share in taxes. He said the Buffett Rule — named after billionaire Warren Buffett — is more than just a “gimmick” and that former President Reagan would have supported it.
“If it will help convince folks in Congress to make the right choice, we could call it the Reagan Rule instead of the Buffett Rule,” he said in remarks at the White House. “I’m not the first president to call for this idea that everyone has to do their fair share.”