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Hoyer: Raising Taxes is a Great Idea for Cutting the Debt, Instead of Cutting Taxes and Spending

Posted by Defend America on Monday, March 01, 2010 5:14:43 PM

Hoyer: Raising taxes a realistic option for cutting $12 trillion debt

By Walter Alarkon - 03/01/10 02:47 PM ET
Tax increases may be necessary to rein in $12 trillion in federal debt, House Majority Leader Steny Hoyer (D-Md.) said Monday.

Hoyer emphasized the need to reform Social Security and Medicare, but also made it clear that raising taxes will have to be on the table.

http://thehill.com/homenews/house/84271-hoyer-raising-taxes-a-reality-to-cutting-12-trillion-debt
Tags: tax   debt   hoyer  
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