With a second term at stake in the upcoming November election, Beltway insiders, pundits and reporters are questioning what will be the main theme of President Obama’s third State of the Union address. While Obama will certainly outline plans for continued job creation and debt reduction, many believe that he will also take a more populist stance to discuss what could define his reelection strategy: tax inequality and fairness.
On hand for tonight’s address and sitting next to Michelle Obama will be Debbie Bosanek, the secretary of billionaire investor Warren Buffett. Bosanek is the inspiration behind the “Buffett Rule,” a tax plan proposed by President Obama that calls for the wealthiest Americans to pay more income tax. The rule is named after the investor, who publicly stated in 2011 that he disagreed with lower taxes for the rich.
The Huffington Post created a video that discusses Obama’s call for fairness in more detail, and reviews the official State of the Union talking points delivered by the White House this morning: