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Senator Burr statement on fiscal cliff negotiations
Story Date: 1/2/2013
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Source: U.S. Senator Richard Burr (R-N.C.), 12/30/12
"Negotiations on how to reach a deal to avoid the fiscal cliff have been ongoing since the President was reelected in November. Last night, Republicans laid an offer on the table, but the President instructed Majority Leader Reid not to make a counteroffer that could help move the process forward. The sticking point is simple – Republicans refuse to support a plan that uses new revenue from increased taxes for new, expanded government spending. The President told Congress and the American people that any new revenue would go towards paying down our national debt, but Democrats are insisting that the nearly $600 billion in new revenue should go towards new spending. Raising taxes on the American people so the government can spend more money is unconscionable, and it is not something I will support."
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