McCain says ‘maybe’ to new taxes to a...

McCain says ‘maybe’ to new taxes to avert sequestration

Posted in the Minneapolis Forum

Awful Truth

Saint Paul, MN

#1 Feb 11, 2013
McCain says ‘maybe’ to new taxes to avert sequestration

Source: Washington Post

Sen. John McCain (R-Ariz.) said Sunday that he is willing to consider supporting new tax revenue as part of a plan to avert $85 billion in looming budget cuts, as the White House pushed back against Republican lawmakers who say President Obama is solely responsible for the spending reductions.

McCain made the comments as he once again warned about the adverse effects of the spending reductions, known as sequestration, that will require federal agencies to slash $85 billion in spending by Sept. 30 — including $43 billion at the Pentagon.

“Republicans and Democrats are responsible for this new cliff and I’ll take responsibility for it for the Republicans,” McCain said of the spending cuts.“But we’ve got to avoid it. We’ve got to stop it.”

Averting the cuts “requires bipartisanship,” McCain added.“Will I look at revenue closers? Maybe so. But we’ve already just raised taxes. Why do we have to raise taxes again?”

Read more: http://www.washingtonpost.com/politics/mccain...
Awful Truth

Saint Paul, MN

#2 Feb 11, 2013
Amen!

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