President Barack Obama pauses as he speaks during a campaign event at the Sheraton Hotel, Wednesday, Nov. 30, 2011, in New York. (AP Photo/Carolyn Kaster)
WASHINGTON (AP) -- President Barack Obama is reviving a tax proposal that stands as a symbol of the Democrats' efforts to portray themselves as champions of economic fairness, though it has no chance of passing Congress.
In his weekly radio and Internet address, Obama calls on Congress to increase taxes on millionaires.
Obama calls the plan the "Buffett Rule" for Warren Buffett, the billionaire investor who says the middle class pays a greater share of its income in taxes than the wealthy.
Obama also wants to end the Bush-era tax cuts for people earning more than $250,000.
For the Republicans, House Speaker John Boehner challenged Obama to get behind GOP energy proposals. He kept up the Republican drive to blame the administration for high gas prices. Boehner called for more oil and gas production, a freeze in new regulations and approval of an oil pipeline from Canada to Texas.
To comment, the following rules must be followed:
Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to firstname.lastname@example.org. Please provide detailed information.