Lew Says `Buffett Rule’ Should Guide Tax Code Overhaul

Sept. 19 (Bloomberg) — Jack Lew, director of the White House Office of Management and Budget, talks about President Barack Obama’s plan to reduce the US budget deficit. Obama proposed $1.5 trillion in tax increases over the next decade largely targeting the wealthy, to help trim the debt and he’s also adopting billionaire investor Warren Buffett’s suggestion that the nation’s “mega-wealthy” pay more taxes. Lew speaks with Julianna Goldman and Lisa Murphy on Bloomberg Television’s “Fast Forward.” (Source: Bloomberg)