A Republican senator on the president’s fiscal commission said Thursday it will likely recommend tax increases as part of a solution for the nation’s fiscal woes.
Sen. Judd Gregg (R-N.H.) said on ABC’s “Top Line” webcast that he believes the large majority of the proposal should be composed of spending cuts, but said that the panel should not rule out tax increases to bring in more revenue.
”Well everything has to be on the table, there is no question about that,” he said.
Full story: Top Republican: Fiscal commission putting tax hikes ‘on the table’ – The Hill’s Blog Briefing Room