Boehner Signals Revenue to Be Weighed in Congressional Debt Plan

Republicans are willing to consider raising revenue as part of a debt-cutting plan under discussion by a congressional panel if Democrats agree to “real reform” of entitlements such as Medicare and Medicaid, said House Speaker John Boehner.

“There’s room for revenue but there clearly is a limit to the revenues that may be available” to help reach the congressionally mandated target of cutting government deficits by at least $1.2 trillion, Boehner, an Ohio Republican, told reporters yesterday in Washington.