View Mobile Site

Ask the Expert

Signal Photos


Top Senate Democrats to GOP: Rich must be taxed more

Posted: May 22, 2012 11:18 a.m.
Updated: May 22, 2012 11:18 a.m.

WASHINGTON (AP) - The Senate's top Democrat says Republicans will have to accept higher taxes on the rich and drop efforts to reshape Medicare if they want a deal on cutting the debt.

In a letter to GOP senators, Senate Majority Leader Harry Reid is blaming Republicans' "strict adherence to tea party ideology" for the failure of lawmakers to find a budget compromise.

The Nevada Democrat's letter was a response to one sent last week by Senate Republicans. In it, they said Congress and President Barack Obama should act this year to avert an automatic increase in income and other taxes that will occur in January when tax cuts enacted a decade ago expire.

Reid wrote that he believes a deal can be reached once Republicans drop their tax and Medicare proposals.

Copyright 2012 The Associated Press.




Most Popular Articles

There are no articles at this time.
Commenting not available.
Commenting is not available.


Powered By
Morris Technology
Please wait ...