; Even Liberals Aren't in Favor of Tax Hikes to Pay for a 'Jobs' Bill

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It's not just the American people who are abandoning President Obama in droves. Polls show "The One" has become "Number Two" when matched up against Mr. Generic Republican. Now even Mr. Obama's best friends are growing similarly uneasy with his policy proposals.

From the floor of the New York Stock Exchange on Friday, investor Warren Buffett abandoned the Obama administration's storyline on the "Buffett Rule." Mr. Obama had cited the Nebraska billionaire's bogus tale about paying a higher tax rate than his personal secretary as an excuse to hike taxes on those earning as little as $200,000 a year. The Berkshire Hathaway CEO said that such a broad levy wasn't what he had in mind at all. "My program is to have a tax on ultra- rich people who are paying very low tax rate, not just all the rich people," he explained. "And it would probably apply to 50,000 people in a population of 310 million."

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; Even Liberals Aren't in Favor of Tax Hikes to Pay for a 'Jobs' Bill

As Sen. John Cornyn, Texas Republican, told The Washington Times, "The president has chosen a campaign strateg...

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