Sunday, September 18, 2011

Rep. Ryan Accuses Obama of Waging 'Class Warfare' With Millionaire Tax Plan

A top House Republican accused President Obama of appealing to Americans' "fear, envy and anxiety" by pushing a new tax rate on people making more than $1 million annually, saying the "class warfare path" will only hurt the economy.

"Class warfare ... may make for really good politics, but it makes for rotten economics," Rep. Paul Ryan, R-Wis., chairman of the House Budget Committee, told "Fox News Sunday."

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