Boehner backs supercommittee tax hikes

[Javaman]

http://www.cbsnews.com/8301-250_162-57325587/boehner-backs-supercommittee-tax-hikes/

AP) WASHINGTON - House Speaker John Boehner publicly blessed a Republican deficit-reduction plan Tuesday that would raise $300 billion in additional tax revenue while overhauling the IRS code, bucking opposition by some GOP presidential hopefuls and colleagues wary of violating a longstanding point of party orthodoxy.


Boehner, the top Republican in Congress, spoke as time grew perilously short for agreement by the deficit-fighting "supercommittee." The panel has until a week from Wednesday to vote on any compromise, but several officials said that in reality, perhaps as little as 48 or 72 hours are available to the six Republicans and six Democrats.


Prospects for a deal got even dimmer Tuesday evening as the top Republican on the debt panel, Rep. Jeb Hensarling of Texas, said his party's negotiators "have gone as far as we feel we can go" on tax hikes. He said on the CNBC cable network that the panel is "somewhat stymied."

>snip<

The movement by Boehner and others on taxes is important, but his endorsement does not mean all Republicans will follow him or that a deal is in sight. Republicans have been unified for two decades in opposition to higher taxes, while Democrats on the supercommittee insist on additional revenue before they will agree to cuts in benefit programs like Medicare as part of a compromise.

more at link...

[barbtries]

1. as noted here,

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=433x817807

the republican so-called plan adds to the deficit. it's all bullshit.

[Javaman]

2. Oh I know it's BS...

I just post these links to show people what is being pushed by the media and those who control things.

[barbtries]

3. thanks

it helps to know. sigh.