BDBoop
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AFP: Top US Republican: Cut safety net, no tax hikes
I guess that's it then. Obama will fold, and after that we'll do like London.
WASHINGTON Republican US Senate Minority Leader Mitch McConnell said Monday that he favored cuts to popular safety net programs but opposed tax hikes on the rich as part of a plan to rein in galloping US debt.
"The country needs economic growth and fiscal responsibility, not higher taxes and new Washington spending and regulations," he said after President Barack Obama laid out his vision for deficit cuts at the White House.
"On job creation, we need to reduce the regulatory burden, prevent tax hikes, and make it easier -- not harder -- for job creators to start hiring again," the senator said, with US unemployment at 9.1 percent.
I guess that's it then. Obama will fold, and after that we'll do like London.