News / USA

Congressional Republicans Reject Any Tax Increases to Reduce Deficit

House Speaker John Boehner (l) and House Majority Leader Eric Cantor on Capitol Hill, April 13, 2011
House Speaker John Boehner (l) and House Majority Leader Eric Cantor on Capitol Hill, April 13, 2011
TEXT SIZE - +
Cindy Saine

President Barack Obama has outlined his plans to reduce the nation's massive deficit.  The Democrat-led White House and Republican leaders in Congress agree the deficit is threatening the U.S. economic recovery, but Republican lawmakers are rejecting any proposals by the president to raise taxes on corporations and the wealthiest Americans.   

Republican House Speaker John Boehner says any proposal from President Obama to raise taxes would be "unacceptable" and a "non-starter" for budget negotiations.  He was joined at a news conference on Capitol Hill by Republican Majority leader Eric Cantor, who said calls for tax increases are "vintage Obama."

"We do not believe that raising taxes is the answer here," said Cantor. "I think the American people understand we have a serious problem in this country.  We have a debt that will crush the next generation and the ability for us to see a better future."

The House is likely to begin debate Thursday on a Republican-sponsored 2012 budget bill that would cut trillions of dollars from the federal budget, and re-structure the popular social programs of Medicare and Medicaid, which provide health care coverage for the elderly and the poor.  Democratic House Minority Whip Steny Hoyer said Republicans are unfairly targeting the elderly and the poor.

"Republicans say we are too broke to afford the promise of Medicare," said Hoyer. "But we are flush enough to spend trillions in tax cuts for those of us are the best off."

Republican Senate Minority leader Mitch McConnell said Washington has to take action because other countries are watching to see if the United States can get its soaring deficit and huge national debt contained.

"Well I think they want to know whether America is going to get its act together or whether America is going to become another Greece," said McConnell. "And I think how foreign countries view what we do is very, very  significant in this global economy.  Is America in decline or is America still rising?"

Last week, Republican and Democratic lawmakers agreed to cut $38.5 billion in spending from the current fiscal year's budget, a deal that narrowly averted a government shutdown that would have begun the following day.

The House is likely to vote Thursday on the 2011 budget bill, with the Senate set to vote on it later in the day.

You May Like

Algerians Vote in Presidential Election

There were few media reports of protests and clashes around the country, but so far no significant violence More

Sharks More Evolved than Previously Thought

The discovery could “profoundly affect our understanding of evolutionary history” More

Pakistan Military Asked to Protect Polio Workers

Request comes as authorities say a Taliban ban on vaccinations in 2012 and deadly attacks on anti-polio teams have prevented thousands of children from getting inoculated More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Google Buys Drone Companyi
|| 0:00:00
...
 
🔇
X
George Putic
April 15, 2014
In its latest purchase of high-tech companies, Google has acquired a manufacturer of solar-powered drones that can stay in the air almost indefinitely, relaying broadband Internet connection to remote areas. It is seen as yet another step in the U.S. based Web giant’s bid to bring Internet to the whole world. VOA’s George Putic reports.
Video

Video Google Buys Drone Company

In its latest purchase of high-tech companies, Google has acquired a manufacturer of solar-powered drones that can stay in the air almost indefinitely, relaying broadband Internet connection to remote areas. It is seen as yet another step in the U.S. based Web giant’s bid to bring Internet to the whole world. VOA’s George Putic reports.
Video

Video Ray Bonneville Sings the Blues and More on New CD

Singer/songwriter Ray Bonneville has released a new CD called “Easy Gone” with music that reflects his musical and personal journey from French-speaking Canada to his current home in Austin,Texas. The eclectic artist’s fan base extends from Texas to various parts of North America and Europe. VOA’s Greg Flakus reports from Austin.
Video

Video Millions Labor in Pakistan's Informal Economy

The World Bank says that in Pakistan, roughly 70 percent work in the so-called informal sector, a part of the economy that is unregulated and untaxed. VOA's Sharon Behn reports from Islamabad on how the informal sector impact's the Pakistani economy.
Video

Video Passover Celebrates Liberation from Bondage

Jewish people around the world are celebrating Passover, a commemoration of their liberation from slavery in Egypt more than 3,300 years ago. According to scripture, God helped the Jews, led by Moses, escape bondage in Egypt and cross the Red Sea into the desert. Zlatica Hoke reports that the story of the Jewish Exodus resonates with other people trying to escape slave-like conditions.
Video

Video Police Pursue Hate Crime Charges Against Kansas Shooting Suspect

Prosecutors are sifting through the evidence in the wake of Sunday’s shootings in a suburb of Kansas City, Missouri that left three people dead. A suspect in the shootings taken into custody is a white supremacist. As VOA’s Kane Farabaugh reports, he was well-known to law enforcement agencies and human rights groups alike.
Video

Video In Eastern Ukraine, Pro-unity Activists Emerge from Shadows

Amid the pro-Russian uprisings in eastern Ukraine, there is a large body of activists who support Ukrainian unity and reject Russian intervention. Their activities have remained largely underground, but they are preparing to take on their pro-Moscow opponents, as Henry Ridgwell reports from the eastern city of Donetsk.
Video

Video Basket Maker’s Skills Have World Reach

A prestigious craft show in the U.S. capital offers one-of-a-kind creations by more than 120 artists working in a variety of media. As VOA’s Julie Taboh reports from Washington, one artist lucky enough to be selected says sharing her skills with women overseas is just as significant.
Video

Video UN Report Urges Speedier Action to Avoid Climate Disaster

A new United Nations report says the world must switch from fossil fuels to cleaner energy sources to control the effects of climate change. The Intergovernmental Panel on Climate Change released the report (Sunday) following a meeting of scientists and government representatives in Berlin. The comprehensive review follows two recent IPCC reports that detail the certainty of climate change, its impacts and in this most recent report what to do about it. VOA’s Rosanne Skirble has the details.
AppleAndroid