1. Not Quite

    Senate Rejects Buffett Rule

    Haraz N. Ghanbari / AP Photo

    President Obama was dealt a major blow on Monday afternoon as the Senate rejected his proposed tax bill, christened "the Buffett Rule" for its endorsement by billionaire investor Warren Buffett. The bill would have put a 30 percent tax on the income of millionaires in the U.S. The vote fell mostly along party lines, as Democrats failed to garner bipartisan support for the much-debated tax.

    Read it at Reuters