President Obama waged class warfare on Monday when he announced a plan to narrow the budget deficit by increasing the minimum tax rate for those making more than $1 million a year. Republicans shot back, demanding instead that people without any money start paying taxes on that non-money. It's a classic rich vs. poor stalemate—one that Stephen Colbert attempted to solve on tonight's Report when he looked to the ground—six or so feet below it, actually—before suggesting a third party solution.
It's only been one day since ratings agency Standard & Poor's downgraded the U.S. Government's credit rating from AAA to AA+, and already I've been forced to kill two people who tried to steal my food. And it could get worse! The agency says there's a one-in-three chance the U.S. will be downgraded again.