Representative Eric Cantor of Virginia, the second-ranking Republican in the House, featured prominently in all the reports saying his party was open to tax reform, but absolutely opposed to any increase in taxes. As quoted in Politico:
“We have said all along that preference in the code are not something that helps economic growth over all. But, listen, we are not for any proposal that increases taxes. Any type of discussion should be coupled with offsetting tax cuts somewhere else.”
While the Times reported Cantor’s comments fairly straight, the Post and Journal stories suggested Cantor’s comments suggested a new degree of Republican “flexibility.”
Kudos to Politico’s Rogers for rising above Cantor’s rhetoric said to point out that:
Quite apart from ideology or the economy, the simple arithmetic of the budget makes it hard for the GOP to meets its own goals without revenues.