Wednesday, October 05, 2011

Exclusive: budget talks get down to taxes, benefits

Reuters reports:
Deficit-reduction talks in the Congress entered a potentially groundbreaking phase on Tuesday with Republicans signaling they could consider some revenue increases in exchange for Democrats embracing healthcare cuts, sources familiar with the discussions said.

"Nearly all the Republican members on the super committee I have spoken to, and frankly the party leaders, have left the door open to revenues," a source with knowledge of the talks told Reuters.