House Dems to Boehner: Put revenues on table
For their part, Republicans have been steadfast that the country’s fiscal problems are due to excess spending.
Rep. Eric Cantor (R-Va.), the House majority leader, has also signaled to colleagues that discussions with Vice President Joe Biden and other lawmakers over a deal to raise the $14.3 trillion debt ceiling are moving into health care entitlements.
Boehner has said that any deal will have to spending cuts greater than the amount the debt limit is increased.
In their letter, the House Democrats also point to polling that suggests Americans support higher tax rates for the wealthy and rolling back tax credits and deductions used by the oil-and-gas industry.
Schakowsky has introduced legislation that would implement incrementally higher tax rates on income over $1 million a year.
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