
GOP WALKS OUT OF BIDEN LEAD BUDGET TALKS.
And the reasoning behind their prompt exit from the budget talks is that Democrats, lead by Vice President Joe Biden, wanted to include a tax increase in the debt ceiling increase legislation.
Republicans want to extract major budget cuts before accepting a debt ceiling increase, but do not want tax hikes included as part of the equation. In a joint statement from Kyl and Senate Minority Leader Mitch McConnell, the senators claimed the White House and Democrats “are insisting on job-killing tax hikes and new spending”….
“President Obama needs to decide between his goal of higher taxes, or a bipartisan plan to address our deficit. He can’t have both. But we need to hear from him,” they said.
Rep. Xavier Becerra, D-Calif., accused Republicans of “running away from the mess they created.”
“Is this the adult moment they promised the American people in November?” he said.
Quote Via: Fox News.
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