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Speaker Boehner: Tax hikes are 'off the table'
Topics | 2011/05/09 09:20
div id=bg_contentdiv class=padding10div class=entrydiv class=articlepHouse Speaker John Boehner is insisting tax increases are off the table in negotiations with the Obama administration and congressional Democrats on extending the federal debt limit./ppThe Ohio Republican tells NBC's Today show everything else is on the table. Boehnernbsp; appeared a day after telling the Economic Club of New York he wants trillions of dollars in spending cuts as part of legislation allowing the government to continue borrowing beyond the current $14.3 trillion cap./ppBoehner says he doesn't think Congress can take money from some who would invest in our economy and hand it over to the government. He said, You can't raise taxes./ppBoehner said mandatory spending programs like Medicare and Social Security must be addressed because now they're unaffordable for our kids and our grandkids./p/div
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