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No Tax Hike to Cut US Deficits, Republicans Say

Wednesday, 13 Apr 2011 01:04 PM

 

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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)

© 2014 Thomson/Reuters. All rights reserved.

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