Obama: Koch Brothers ‘definitely doing fine’

Published January 27, 2012 5:00am ET



Today at the University of Michigan, President Obama called again for higher taxes on the wealthy, repeating the same lines about Bill Gates and Warren Buffet who should pay more taxes.

“I promise you, Warren Buffett is doing fine, Bill Gates is doing fine, I’m doing fine,” Obama said.

“Koch Brothers!” an audience member shouted, referring to the billionaire philanthropists who donate to conservative and libertarian policy groups.

“They’re definitely doing fine.” Obama said, sparking laughter in the audience.

“We don’t need more tax breaks.” Obama said, citing stalled wages, and higher food costs for average Americans, “You’re the ones who need help.  And we can’t do both.”