Sen. Chris Coons (D-Del.) on Wednesday acknowledged GOP criticisms that the Obama administration’s Buffett Rule “isn’t going to balance the budget,” but argued that the proposal was important as a matter of “values” and “fairness.”

“This is an issue about fairness,” Coons said on MSNBC. “It isn’t going to balance the budget, but it is important for values and for showing some fairness.”

On Wednesday, Republican National Committee chairman Reince Priebus wrote an editorial blasting the Buffett Rule as a gimmick, and started off the piece by focusing on what Coons acknowledged to MSNBC.

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