Debt Plan Will Contain New Tax Revenues: Boehner

But entitlements must be adjusted, speaker says
By Matt Cantor,  Newser Staff
Posted Nov 4, 2011 9:12 AM CDT
Super Committee Debt Plan Will Contain New Tax Revenues: Boehner
WASHINGTON, DC - NOVEMBER 03: U.S. Speaker of the House John Boehner arrives for a press conference at the U.S. Capitol November 3, 2011 in Washington, DC. Boehner was questioned during the press conference by Steve Kroft of '60 Minutes' about stock trading.   (Getty Images)

Despite Republican leaders' push against a tax hike, the super committee debt deal will include new tax revenues, John Boehner said yesterday. "I think there is room for revenues, but I think there clearly is a limit to the amount of revenues that are available." His comments follow a bipartisan letter penned by 100 House members saying revenues must be "on the table." Still, Boehner said Republicans will bend on revenues only if the Democrats are open to reforming programs like Medicare and Social Security, CBS News reports.

"Without real reform on the entitlement side, I don't know how you put any revenue on the table," Boehner said. Still, he’s looking a bit more relaxed on the tax front: Yesterday Boehner called Grover Norquist—whose anti-tax pledge many Republicans have signed—"some random person in America." He later backpedaled, saying he meant "that Mr. Norquist, like millions of Americans, believes that raising taxes is not good for our economy." (More John Boehner stories.)

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