Monday, June 27, 2011

Majority Whip McCarthy: Oil Subsidies Off The Table In Debt Talks, But Medicare Cuts Have To Be Part Of The Deal

Majority Whip McCarthy: Oil Subsidies Off The Table In Debt Talks, But Medicare Cuts Have To Be Part Of The Deal: "pHouse Majority Leader Eric Cantor (R-VA) blew up debt ceiling negotiations with Vice President Joe Biden last week due to the GOP’s insistence that any budget deal not include one dime of revenue. As we’ve been documenting, the GOP walked away in order to protect Americans making more than $500,000 and large corporations from seeing [...]/p"