Republicans Opening Door To Tax Increases
In one of his first interviews after being named to the “Joint Select Committee on Deficit Reduction,” Representative Dave Camp told Reuters, “I don’t want to rule anything in or out” when the panel starts its work.
That’s a far cry from what had been a Republican wall of opposition to any tax increases when President Barack Obama negotiated a $917 billion deficit-reduction down payment with Republicans that also was aimed at raising U.S. borrowing authority by August 2.
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