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No tax hike to cut deficits, Republicans say

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House Budget Committee Chairman Paul Ryan (R-WI) speaks at a news conference held to unveil the House Republican budget blueprint, April 5, 2011. REUTERS/Kevin Lamarque

House Budget Committee Chairman Paul Ryan (R-WI) speaks at a news conference held to unveil the House Republican budget blueprint, April 5, 2011.

Credit: Reuters/Kevin Lamarque

WASHINGTON | Wed Apr 13, 2011 12:58pm EDT

WASHINGTON (Reuters) - Republican leaders in the Congress said on Wednesday they would not support tax increases as part of a deficit-reduction plan.

Their comments came shortly after hearing details of President Barack Obama's proposal.

Senate Republican Leader Mitch McConnell and House of Representatives Speaker John Boehner also said a deficit-cutting plan will have to be in place in order to raise the debt ceiling and allow the government to continue to borrow money.

(Reporting by Richard Cowan and Donna Smith; Editing by Eric Beech)

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Comments (2)
texoman wrote:
Are these Republicans brain dead? Even the rich have said they need a tax increase to help the country out. Everyone needs to pitch in to get this country back on track again. No more free rides for any able body citizens or businesses.

Apr 13, 2011 1:18pm EDT  --  Report as abuse
mpower830 wrote:
It’s fairly obvious who the Republicans work for. Of the 1%, by the 1%, for the 1%. Kinda scary to think about what things would be like if they have carte blache…oh wait, we already know. Bush’s first term.

Apr 14, 2011 11:57am EDT  --  Report as abuse
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