Monday, July 11, 2011

HOW DOES A SINGLE TAX HIKE GET INTO A DEBT REDUCTION BILL?

Press Conference - Boehner: spending curbs, no tax hikes for debt deal

Boehner: spending curbs, no tax hikes for debt deal
 

Speaker of the House John Boehner speaks about the jobs numbers during a news conference in the Capitol in Washington July 8, 2011. REUTERS/Kevin Lamarque
 
WASHINGTON | Mon Jul 11, 2011 11:23am EDT

WASHINGTON (Reuters) - John Boehner, the top Republican in Congress, told White House talks on Sunday that budget cuts must exceed the amount by which the debt ceiling is raised and said any deal must exclude tax hikes.

 
An agreement that builds on the work of a group led by Vice President Joe Biden show most promise, an aide to Boehner said on Sunday after negotiations at the White House that lasted about 75 minutes.
 
"The Speaker told the group that he believes a package based on the work of the Biden group is the most viable option at this time for moving forward," the aide said.


And so it goes....Other News on the debt ceiling and negotiations:

No comments:

Post a Comment