40 GOP reps now open to revenue hikes
(NEWSER) - A collection of 100 House members—including, critically, 40 Republicans—have sent a bipartisan letter urging the deficit reduction “super committee” to create a broad deal that would both trim entitlement cuts and boost revenue. “To succeed, all options for mandatory discretionary spending and revenues must be on the table,” the letter reads, urging the committee to shoot past its $1.5 trillion goal and noting that prior task forces have recommended cutting as much as $4 trillion from the deficit, according to the Washington Post . More»