Boehner: Tax reform 'under discussion' but no increases The Hill

07.07.11

After the meeting, Boehner was asked if striking a deal that includes an overhaul of the tax code was possible before the Aug. 2 deadline that the Treasury Department has set for raising the $14.3 trillion federal debt limit.

“We believe that comprehensive tax reform both on the corporate side and on the personal side would make America more competitive, help create jobs in our country and is something that is under discussion,” Boehner said.

Boehner acknowledged that he has held private conversations with the president in recent weeks, but said “there is no agreement.”

The New York Times reported Wednesday that Boehner has signaled a willingness to accept up to $1 trillion in new revenues as part of a broad agreement. Boehner did not specifically shoot down the report, but he and a group of other GOP leaders stepped to the microphone to reject tax hikes.

House Majority Leader Eric Cantor (R-Va.) said Wednesday Republicans would discuss closing tax loopholes but that any deal on taxes must be revenue-neutral, meaning it does not add to the bottom-line tax burden for individuals or businesses. He said on Thursday that the White House meeting marked “the beginning of the final stage of the discussion” on deficit reduction and raising the debt ceiling.

Source:

100 borrow debt help money pay safe site - News

Obama Alert - Is USA Economy Being Politically Manipulated? - Canada Free Press Canada Free Press, Canada - Jan 11, 2009 Obama Alert - Is USA Economy Being Politically Manipulated? When the dollar ceases to be the reserve currency, the US will no longer be able to pay its bills by borrowing more from foreigners.

A Simple Transfer of Wealth- From us to them Motley Fool - Jan 08, 2009 The buyers were not happy with a better yield, they had to borrow money and leverage the CDOs and SIVs 30 to 100 to one. As you know we have just witnessed

Crisis in the Heartland: Consequences of the New Wall Street System - Center for Research on Globalization Center for Research on Globalization, Canada - Jan 11, 2009 Center for Research on GlobalizationCrisis in the Heartland: Consequences of the New Wall Street System At worst they proved a scam, so that within a few months of late 2007 the supposedly super-safe super-senior debt tranches within such cdos were being

Pricing high-minded laughs - Glens Falls Post-Star Glens Falls Post-Star, NY - Jan 10, 2009 Pricing high-minded laughs In order to fund his quest for her hand, Bassanio asks to borrow money from his friend, Antonio, a merchant from Venice. But Antonio is temporarily out of

How to Fix Your Life in 2009 Wall Street Journal - Dec 31, 2008 Solution: Check out new Web sites that help reduce your monthly bills. BillShrink.com helps consumers save money by finding tailored deals on cellphone