President Obama visits Florida Atlantic University in Boca Raton, FL and explains why the country needs the Buffett Rule. The rule, named after billionaire investor Warren Buffett, calls for people with incomes over $1 million to pay at least a 30 percent tax rate. Obama calls for investing in the things that add value like education and infrastructure. He challenges the operating philosophy of the Republicans who call for spending cuts and more tax cuts as a way of balancing the Federal budget.
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