Friday, August 12, 2011

Four House Republicans Soften Stances on No New Taxes (The Atlantic Wire)

Counter to more than six months of House Republicans insisting that they would not raise taxes ever, four House Republicans indicated they might be willing to accept tax hikes to help reduce the deficit Tuesday night. At at town hall in Virginia Tuesday night,?The New York Times' Jennifer Steinhauer reports that three of the four men floated specific tax increases they would consider.?The congressmen were responding to audience questions about the bipartisan congressional "super committee"--created by the debt ceiling compromise--which is tasked with coming up with a way to cut the deficit by $1.2 trillion in order to raise the debt ceiling by $1.5 trillion.?

Related: The Tea Party's Self-Fulfilling Bankruptcy Prophesy

The maybe-tax-revenue-raisers were Virginia's?Scott Rigell, who was among the freshmen Speaker John Boehner tried to woo into a larger debt ceiling compromise with pizza, Indiana's Larry Bucshon, another freshman, Georgia's Phil Gingrey, and Tennessee's?Phil Roe. Gingrey and Roe are members of the Tea Party Caucus; all four are members of the conservative Republican Study Committee.

Source: http://us.rd.yahoo.com/dailynews/rss/gop/*http%3A//news.yahoo.com/s/atlantic/20110810/pl_atlantic/fourhouserepublicanssoftenstancesnonewtaxes41097

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