Boehner Says Debt Deal Will Include Tax Increases

November 04, 2011

Boehner Says Debt Deal Will Include Tax Increases

House Speaker John Boehner (R-OH) acknowledged that any bipartisan agreement on debt reduction will need to include some new tax revenue, CBS News reports.

Said Boehner: "I think there is room for revenues, but I think there clearly is a limit to the amount of revenues that are available."

"The comment was significant because Boehner and other Republican leaders have repeatedly insisted that tax increases are off the table, and most Republicans in the House and Senate have signed a 'taxpayer protection pledge' vowing not to raise taxes."

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Taegan D. Goddard is the founder of Political Wire, one of the earliest and most influential political web sites.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country, including the Washington Post, USA Today, Boston Globe, San Francisco Chronicle, Chicago Tribune, Philadelphia Inquirer and Christian Science Monitor.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

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November 04, 2011