Crapo and Saxby Chambliss. But that party has been gone for more than 20
years.
The three U.S. senators banded together a few months ago in support of higher
tax revenue as a means of rebalancing the federal budget. Even with drastic
spending cuts, they concluded that Washington could not vanquish its soaring
$14.3 trillion debt without additional income.
Such reasoning was common in the GOP circa 1963, when Republicans denounced
tax cuts proposed by President John F. Kennedy as a road to red ink and
rampant inflation. But today?s GOP adheres to a ?no new taxes? orthodoxy that
has proved far more powerful than the desire to balance the budget. As House
Speaker John A. Boehner has said: Raising taxes is ?unacceptable and a non-
starter.?
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Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/98104264?client_source=feed&format=rss
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