Warren Buffett Gives Obama Blessing to Use 'Buffett Rule' Moniker

September 19, 2011 9:07 AM EDT
Billionaire Warren Buffett said he was fine with President Obama calling a new plan to raise taxes on those making over $1 million per year the "Buffett Rule."

Buffett told FOX Business Network that the administration "asked me if they could use my name (on it) and I said, 'Sure. It's what I believe."


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