WASHINGTON (Reuters) - Republican leaders in the
U.S. Congress said Wednesday they would not support tax
increases as part of a deficit-reduction plan.
Their comments came shortly after hearing details of
President Barack Obama's proposal.
Senate Republican Leader Mitch McConnell and House of
Representatives Speaker John Boehner also said a
deficit-cutting plan will have to be in place in order to raise
the debt ceiling and allow the government to continue to borrow
money.
(Reporting by Richard Cowan and Donna Smith; Editing by Eric
Beech)
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