Warren Buffett Watch
- Warren Buffett's Berkshire Hathaway Adds GM to Holdings
- Lunch With Warren Buffett: $2 Million-Plus?
- Warren Buffett: Lady Di Called Bill Clinton 'Sexiest Man Alive'
- CNBC Transcript: Warren Buffett on Squawk Box
- Warren Buffett: We're Buying Two US Stocks
- Warren Buffett to CNBC: Mark Zuckerberg Right to Keep Tight Control Over Facebook
- Warren Buffett: Apple and Google Too Risky For Me
- Warren Buffett Reassures Shareholders on Cancer and Succession
- Warren Buffett Recently Considered $22 Billion Acquisition
- Warren Buffett 'Very Comfortable' With Berkshire Stock Buybacks
RSS FEED
MOST SHARED
- Madrid in ‘Game of Chicken’ With EU
- Trump Birther Remarks Overshadow Romney Appearance
- Europe Shares Seen Dropping on Spain Worries
- Family Feud May Disrupt Samsung Succession Plans
- Why I Fell Out of Love with My BlackBerry
- ECB Rejects Madrid Plan to Boost Bankia
- Detroit: From Urban Blight to Tech Might
- Asia’s Message to Europe: Bite the Bullet and Implement Reforms
- Most Aid to Athens Circles Back to Europe
- Stimulus ‘Short-Term Medicine’ for China’s Economy
- Apple CEO: Ping Failed, TV Gaming Interesting
- Why It’s Suddenly Exciting to Be a Yahoo Shareholder Again
- PB&J, Mac & Cheese Step Out From Kids-Fare Shadow
- Ackman: JCPenney Sales Have Hit 'Bottom'
- Goldman Investment Shines Light on Solar Power
- Facebook Options Soar on First Day
- Home Prices Hit Lows, But 'We See Signs of Hope'
- Auto Sales to Really Take Off This Summer?
- JPMorgan Debacle Points to Regulatory Incompetence, Corruption
- Asia's Message to Europe: Bite the Austerity Bullet
- Madrid in ‘Game of Chicken’ With European Union
- Why Christine Lagarde Doesn’t Pay Tax
- More Trump Birther Remarks Overshadow Romney
- Sun to Set on Commodities Super-Cycle: Strategist
- Big Money: Rockefellers and Rothschilds Unite
- Spain Did Not Consult ECB on Bankia Plan: Ministry
- Why I Fell Out of Love with My BlackBerry
- Buffett-Backed BYD Faces Huge Challenges in China
Sen. McConnell Spokesman: Warren Buffett Should Look to Democrats for Deficit Donations
Executive Producer
![]() |
Senator Mitch McConnell |
McConnell's Deputy Chief of Staff Don Stewart emailed us this:
"Sen. McConnell says that Washington should be smaller, rather than taxes getting bigger. And since some, like President Obama and Mr. Buffett want to pay higher taxes, Congress made it possible for them to call their own bluff and send in a check. So I look forward to Mr. Buffett matching a healthy batch of checks from those who actually want to pay higher taxes, including Congressional Democrats, the President and the DNC."
Stewart adds that McConnell never suggested that voluntary donations could fix the deficit.
Buffett had sarcastically told Time he was "touched" by McConnell's belief that "Americans are so wonderfully spirited that they would just solve it all by contributions."
It was part of Buffett's offer, with a chuckle, to match three-for-one any voluntary donation McConnell makes to reduce the nation's deficit.
That was his response to the suggestion by McConnell and others that if Buffett's call last fall for higher tax rates on the super-rich means he wants to pay more taxes himself, then he should write a check to the Treasury.
GOP Senator John Thune has even introduced a bill he calls the "Buffett Rule Act of 2011" that would create "an option for individuals who believe they are under-taxed to voluntarily send extra money to the U.S. Treasury for the purpose of paying down the national debt."
Current Berkshire stock prices:
Class B: [BRK.B
Loading...
()
]
Class A: [BRK.A
Loading...
()
]
Keep up with Warren Buffett on CNBC.com and follow alexcrippen on Twitter.
Email comments to










