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View Full Version : House GOP members call for supercommittee deal with ‘revenue’




harikaried
11-02-2011, 04:46 PM
Just to clarify Ron Paul's position on the letter to the supercommittee signed by 100 representatives that include a sentence:

"To succeed all options for mandatory and discretionary spending and revenue must be on the table"

A number of articles including an AP one has claimed that Republicans are saying they're okay with tax increases by signing, but of course Ron Paul didn't sign because he wants tax increases:


Ron Paul's office, for example, made clear that Paul does not consider revenue to mean tax increases.

"Congressman Paul signed the letter because he believes the Super Committee needs to hear from both sides that cutting spending is gravely important. Revenues are part of that equation, and while Congressman Paul is not willing to raise taxes he is willing to consider any major tax reform proposals that could simplify the code and reduce compliance costs," spokesperson Rachel Mills said.
http://thehill.com/blogs/on-the-money/budget/191389-house-gop-members-call-for-debt-deal-with-revenue

Also to clarify, the letter doesn't give the supercommittee any new powers -- the original powers already included options for mandatory/discretionary spending and revenue. The main difference is that the letter urges for $4 trillion of deficit cuts, which exceeds the minimum requirements of "cutting at least $1.5 trillion over 10 years."