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News Link • Economy - Economics USA

GOP super committee member: Tax increases ‘are a reality’

• RawStory

One Republican member of the Congressional “super committee” who has signed Grover Norquist’s anti-tax pledge says that tax increases “are a reality” as a part of any deal to reduce the nation’s budget deficit.

Rep. Jeb Hensarling (R-TX) told CNN’s Candy Crowley Sunday that he still has hope that members of the bipartisan, bicameral deficit reduction committee will reach an agreement for $1.2 trillion in savings before the Nov. 23 deadline.

“Listen, it’s been a roller coaster ride,” he remarked. “I will say this — I respect my Democrat colleagues. I have an excellent working relationship with Sen. Patty Murray (D-WA). We haven’t given up hope.”


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