Debt Panel Members to Send Signal on Chances for Tax Rewrite
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The push to reduce the U.S. debt is shifting to the makeup of the special congressional panel charged with finding further spending cuts and whether its 12 members can consider rewriting the tax code.
Republican leaders at the Capitol are pledging to appoint members who oppose tax increases. Their Democratic counterparts make clear they will name lawmakers who will fight to raise new revenue and protect entitlement benefits that Republicans say should be targeted.