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Dems use Reagan to push 'Buffett Rule'

Democrats are turning to Ronald Reagan to push the "Buffett Rule."

Jim Messina, the manger of President Obama’s reelection campaign, cited the former president and Republican icon in a call with reporters on Monday about the tax proposal.

The Obama campaign is pushing legislation in the Senate that would implement the Buffett Rule. Under a section of the Obama reelection site titled "Who's on board," Reagan is listed. The site also features a video of Reagan saying his administration would raise taxes so that a millionaire would not pay less than a bus driver.

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ThinkProgress, a blog attached to the liberal Center for American progress, on Monday circulated a video of Reagan describing a letter he received from a wealthy individual who said taxes should be raised on the country's highest earners.

"Do you think the millionaire ought to pay more than the bus driver or less?" Reagan said in the clip. 

Democrats have used the tactic of embracing Reagan before. During the negotiations last summer over raising the debt ceiling, Democrats cited Reagan as having raised the ceiling roughly 17 times during his two terms in office.

The Senate is scheduled to vote next week on a bill that would implement the Buffett Rule by imposing a 30 percent tax floor on households earning $2 million or more per year.

The rule is named for Warren Buffett, the billionaire investor who has said he pays a lower tax rate than his secretary.