Republicans stand firm on not raising Tax rates

Congressional leaders took a hard line on taxes ahead of a meeting Friday at the White House, with rank-and-file Republicans expressing opposition to a “fiscal cliff” deal that would bring in more revenue to the government.

House Speaker John Boehner (R-Ohio) has said Republicans could accept new revenues, but not tax-rate hikes, as part of a broad deficit deal, but President Obama and Sen. Charles Schumer (D-N.Y.) said it was unlikely that eliminating loopholes and capping deductions could raise enough revenue to gain their support.

Schumer, the third-ranking Senate Democrat, said Congress could not raise the approximately $1.5 to $1.6 trillion in revenue the president wants solely by scaling back deductions and loopholes, unless it violates Obama’s pledge not to increase the tax burden on the middle class.

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About Albert N. Milliron 6987 Articles

Albert Milliron is the founder of Politisite. Milliron has been credentialed by most major news networks for Presidential debates and major Political Parties for political event coverage. Albert maintains relationships with the White House and State Department to provide direct reporting from the Administration’s Press team. Albert is the former Public Relations Chairman of the Columbia County Republican Party in Georgia. He is a former Delegate.

Milliron is a veteran of the US Army Medical Department and worked for Department of Veterans Affairs, Department of Psychiatry.

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