December 14, 2016
THE LEADER OF THE REPUBLICAN PARTY:
McConnell, Warning of 'Dangerous' Debt, Wants Tax Cut Offsets (Steven T. Dennis and Sahil Kapur, December 12, 2016, Bloomberg)
President-elect Donald Trump's race to enact the biggest tax cuts since the 1980s went under a caution flag Monday as Senate Majority Leader Mitch McConnell warned he considers current levels of U.S. debt "dangerous" and said he wants any tax overhaul to avoid adding to the deficit."I think this level of national debt is dangerous and unacceptable," McConnell said, adding he hopes Congress doesn't lose sight of that when it acts next year. "My preference on tax reform is that it be revenue neutral," he said.
Posted by Orrin Judd at December 14, 2016 7:50 AM