Tags: Pelosi | Republicans | tax breaks | budget

Pelosi: GOP Insistence on Tax Deals a Non-Starter

By Hiram Reisner   |   Sunday, 26 Jun 2011 11:03 AM

House Minority Leader Nancy Pelosi, who is demanding to be part of debt-ceiling negotiatinos, says the GOP’s reluctance to end special-interest tax deals played a major part in disrupting the talks, Politico reports.

Nancy Pelosi, tax cuts, RepublicansHouse Majority Leader Eric Cantor “can’t handle the truth when it comes to these tax subsidies for big oil, for corporations sending jobs overseas, for giving tax breaks to the wealthiest people in our country — while they’re asking seniors to pay more for less, as they abolish Medicare," the California Democrat said today on CNN’s “State of the Union.”

Republican resolve to fix the deficit with tax cuts is unacceptable, Pelosi said.

“In the Bush years, the Republicans said that tax cuts will produce jobs,” she said. “They didn’t — they produced a deficit.”

Pelosi is insisting on being in on the final talks, after she and House Democrats were left out of talks between President Barack Obama and Senate Republican Leader Mitch McConnell last year that extended nearly all of the Bush tax rates though 2012.

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