Friday, September 23, 2011

Boehner Pushes Tax Overhaul

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House Speaker John Boehner wants Congress's deficit-reduction committee to initiate a broad rewrite of the tax code that closes loopholes without adding new tax revenue.

Mr. Boehner (R., Ohio) reiterated his party's firm opposition to raising taxes as he laid out Thursday his most detailed response yet to President Barack Obama's $447 billion job-creation plan, which Mr. Obama has proposed paying for with tax increases.

Mr. Boehner also described a broad mission for the Joint Committee on Deficit Reduction. "Tax increases destroy jobs," he said in a speech to the Washington Economic Club. "And the joint committee is a jobs ...

House Speaker John Boehner wants Congress's deficit-reduction committee to initiate a broad rewrite of the tax code that closes loopholes without adding new tax revenue.

Mr. Boehner (R., Ohio) reiterated his party's firm opposition to raising taxes as he laid out Thursday his most detailed response yet to President Barack Obama's $447 billion job-creation plan, which Mr. Obama has proposed paying for with tax increases.

Mr. Boehner also described a broad mission for the Joint Committee on Deficit Reduction. "Tax increases destroy jobs," he said in a speech to the Washington Economic Club. "And the joint committee is a jobs ...



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