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McConnell: Tax hike proposals aren't 'serious'

WASHINGTON (AP) - Senate Minority Leader Mitch McConnell says
Democratic calls for tax increases aren't a "serious" position.
Democrats say any deficit-reduction agreement must include tax
increases or the elimination of tax breaks for big companies and
wealthy individuals. Republicans are demanding huge cuts in
government spending and insist there will be no tax increases.
President Barack Obama will meet separately with Senate leaders
from both parties today.
McConnell, in an editorial on CNN.com, says he hopes the
president will take the idea of tax increases off the table. He
says that way they can have a serious discussion about the
country's economic future.
Bipartisan talks led by VP Joe Biden broke down last week when
Republicans walked out.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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