If Congress is going to avoid steep across-the-board budget cuts next January, the first sign will be a change in how Republicans will address taxes to reduce the deficit, says the chairman of the Senate Armed Services Committee. A handful of Republicans including Sen. Lindsey Graham (S.C.) have indicated they would be willing to see some tax increases through closing loopholes as a way of reconciling the bloated federal deficit. Others are bound by a pledge drafted by former Mississippi ...
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