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Rep. Tom Price: ‘Balanced approach’ means no tax increases

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Rep. Tom Price (R-GA) says that Republicans are willing to compromise on a deal to reduce the deficit, but a “balanced approach” would include no increases in tax rates.

“A real solution includes both revenue increases and spending reductions,” Price told CNN’s Candy Crowley on Sunday, adding that higher taxes on the wealthiest Americans “don’t solve the problem.”

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“We need to look at increasing revenue through pro-growth policies,” the Georgia Republican explained.

“But not through tax hikes?” Crowley wondered.

“No,” Price insisted. “Tax revenue, which means broadening the base, closing the loopholes, limiting the deductions, limiting the credits and making sure we identify the appropriate spending reductions so that we have, indeed, a balanced approach.”

“But we’re still at the place where everything gets hung up: No increases in tax rates,” Crowley noted. “That is still the position of House Republicans, correct?”

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“It doesn’t solve the problem,” Price replied. “We want a real solution, which means increasing tax revenue through pro-growth policies.”

Watch this video from CNN’s State of the Union, broadcast Nov. 18, 2012.

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(h/t: Talking Points Memo)


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2020 Election

Maddow warns Russia is interfering in the 2020 election in ‘exactly the same way’ as they did in 2016

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MSNBC's Rachel Maddow on Monday warned that Russia and the Republicans are running the "exact same play" against Democrats in 2020 -- and this time will be aided by the United States Justice Department.

"And they are playing it again already for the next election. And some of it is happening just like it did in 2016. And some of it is worse and I think it’s going to be more powerful than it was in 2016. In part because this is a second draft for these guys, right? They ran this play in 2016. They worked out some of the kinks," she explained. "Now they’ll do it again with the benefit of knowing what worked for them and what didn’t work the first time around. It’s a second draft. It’s going to be better and more polished."

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CNN

Ex-Defense Secretary lays into Trump’s Syria pullout: He ‘plays into’ authoritarians’ hands to ‘weaken the United States’

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On Monday's edition of CNN's "Anderson Cooper 360," former Secretary of Defense and CIA Director Leon Panetta blasted President Donald Trump over his foreign policy — particularly his withdrawal from Syria.

"Secretary Panetta, just generally what do you make of how this whole withdrawal, non-withdrawal is being handled by the White House?" asked Cooper. "We're seeing the administration trying to walk back a broad policy announcement from the president."

"I think from the very beginning this has been a — probably the most disastrous foreign policy blunder in recent history," said Panetta. "And there is no way when you commit a blunder like this that involves the consequences we're now seeing, there's no way to paint this picture as if somehow everything's going well."

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Trump says he’ll ‘probably terminate’ the New York Times and Washington Post ‘from the White House’

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President Donald Trump's Monday night Fox News interview was a televised version of his Twitter rants. Typically The Washington Post is his favorite foe, due to ownership by actual billionaire Jeff Bezos, but in his interview with Sean Hannity, Trump also attacked The New York Times.

"The media is corrupt. Not all the media. I know some great people, including you, but I know some great journalists," Trump said. "Look, they give Pulitzer Prizes to people that got it wrong. In all these people from The New York Times which is the fake newspaper, we don't even want it in the White House anymore, and we're probably going to terminate that and The Washington Post from the White House they are fake."

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