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Speaker: House will not back deal with tax hike

Speaker: House will not back deal with tax hike

The leader of the House of Representatives, Speaker John Boehner, says he agrees with President Barack Obama that the U.S. borrowing limit must be raised to avoid a government default but insists that House Republicans will not back any deal with tax increases.
Talking to reporters shortly before a White House meeting, Boehner said there is a way to increase revenues without raising taxes. He embraced the idea of significant tax reform. But he said it cannot be done without serious changes to the major social benefit programs.
He said Obama insists on raising taxes but the White House is not serious enough about reforming the benefit programs.
Obama and congressional leaders are laboring to complete a deal to slash spending and raise the government's borrowing limit before an Aug. 2 deadline.


Updated : 2021-05-16 02:52 GMT+08:00