When it comes to striking a bipartisan fiscal deal, House Speaker John Boehner (R-Ohio) argued yesterday that the only compromise he’ll consider is one in which Republicans accept no concessions whatsoever. Around the same time, House Majority Whip Kevin McCarthy (R-Calif.) said the same thing.
Given this, it’s fair to say the prospects for a so-called “Grand Bargain” are finished, right? Almost, but not quite.
Sen. Bob Corker (R-Tenn.) said Sunday that he believes Republicans would consider adding new tax revenues by closing loopholes if Democrats show a willingness to embrace “true” entitlement reform.
“I think Republicans, if they saw true entitlement reform, would be glad to look at tax reform that generates additional revenues,” Corker said on “Fox News Sunday.” “And that doesn’t mean increasing rates, that means closing loopholes. It also means arranging our tax system so that we have economic growth.”
Corker is clearly part…
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