McConnell: Big Deficit Deal Is Dead

Mitch McConnell is jumping right on John Boehner's pronouncement last night that a broad deal on the deficit is impossible, reports Politico. Appearing on Fox News Sunday this morning, the Senate's top Republican said the White House's insistence that a $4 trillion deal be accompanied by tax hikes doomed such a measure.

"It is because everything they've told me and the speaker is that to get a big package would require big tax increases in the middle of an economic situation that’s extraordinarily difficult with 9.2 percent unemployment—we think it’s a terrible idea, it's a job killer," McConnell said. Click for McConnell's current thoughts on making Barack Obama a one-term president. (More Mitch McConnell stories.)