Democrats Disagree With Republicans on Taxes to Cut Deficit
This article is for subscribers only.
A House Democratic leader said a U.S. deficit-cutting agreement can’t include the extension of Bush-era tax cuts, while an influential Republican said his House colleagues won’t back a deal calling for new tax revenue.
The disagreement underscores the crux of the problem facing a congressional panel seeking to meet a Nov. 23 deadline to trim at least $1.2 trillion from the deficit over the next decade.