Wednesday, March 23, 2011

GOP leaders pledge to block deficit package that increases taxes

The Hill reports:
Republican leaders in the Senate and House will not agree to tax increases in the guise of reform measures, according to a prominent conservative advocate for lower taxes.

Conservatives have grown increasingly worried that Republicans in Congress may accept a tax hike as part of a broader deal to reduce discretionary and entitlement spending.

But Senate Republican Leader Mitch McConnell (R-Ky.) and House Speaker John Boehner (R-Ohio) have pledged to Americans for Tax Reform (ATR) president Grover Norquist they will not support any deficit reduction package that increases taxes.
Only time will tell.