Showing posts with label DEBT REDUCTION NOT TAX HIKE. Show all posts
Showing posts with label DEBT REDUCTION NOT TAX HIKE. Show all posts

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.