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Deficit talks in danger as Eric Cantor bails

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Thu, 23 Jun 11 7:23 PM | 52 view(s)
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Deficit talks in danger as Eric Cantor bails

By DAVID ROGERS | 6/23/11
www.politico.com

Republicans launched a concerted campaign Thursday to draw President Barack Obama more directly into deficit-reduction talks with House Majority Leader Eric Cantor saying that he will no longer participate in White House talks until the president has personally resolved the divisive issue of taxes.

Cantor’s decision came as Senate Minority Leader Mitch McConnell (R-Ky.) delivered a broadside on the floor, also keyed to the tax issue and titled “Where’s the President?”
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“Each each side came into these talks with certain orders, and as it stands the Democrats continue to insist that any deal must include tax increases,” Cantor said in a statement. “There is not support in the House for a tax increase, and I don’t believe now is the time to raise taxes in light of our current economic situation. Regardless of the progress that has been made, the tax issue must be resolved before discussions can continue.”


Full story: http://www.politico.com/news/stories/0611/57621.html




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